Brenntag signs distribution agreement; stock pre-market at EUR 63.49
Published on 10/14/2026 at 08:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDates and valuation
- Brenntag announced an exclusive distribution agreement on October 12, 2026.
- Brenntag stock was at EUR 63.49 at 8:27 a.m. CEST on October 14, 2026, in pre-market trading at Lang & Schwarz.
- The October 13, 2026 research note cited a 7x 2027 EV-to-operating-EBITDA valuation against a fair multiple of 8x.
On October 12, 2026, Brenntag announced an exclusive distribution agreement with Cassava Pharma for patented tapioca starch technology across the American personal-care market. The agreement expands Brenntag's Beauty & Personal Care portfolio in the United States. Brenntag identified applications including deodorants, dry shampoos, skin care and color cosmetics.
Pre-market indication
Brenntag stock was at EUR 63.49 at 8:27 a.m. CEST on October 14, 2026, in pre-market trading at Lang & Schwarz. The bid was EUR 63.36 and the ask was EUR 63.62. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Brenntag stock.
What matters today: Brenntag's latest company announcement is dated October 12, 2026. The cited research sets a EUR 65.00 target, 2.38 percent above the Lang & Schwarz indication. The same October 13, 2026 note cites a 7x 2027 EV-to-operating-EBITDA valuation against a fair multiple of 8x.
Recent company announcement
Brenntag said the agreement gives customers access to Cassava Pharma's U.S.-sourced tapioca solutions, along with technical support for product selection and application development. Brenntag Specialties North America described the partnership as an addition to its sustainable, high-performance sensory-powders portfolio. The company release did not disclose financial terms.
Analyst view
In a note dated October 13, 2026, mwb research expected third-quarter operating EBITDA of EUR 385 million, citing the fading effect of exceptional pricing factors and broadly stable underlying volumes. The note maintained a EUR 65.00 price target and a Hold recommendation. FinanzNachrichten.de published the research summary.
Market context: Market report DAX.
