Houston, Texas - Tricon, a global leader in the distribution of plastics and chemicals, has, through its wholly owned South African subsidiary, completed the full acquisition of West African International Proprietary Limited (WAG) from enX Group, building on its initial strategic investment in March 2025.
“This acquisition reflects our confidence in both the African market and in WAG’s strong position within it,” said Ignacio Torras, Tricon President & CEO. “Over the past year, our partnership has shown the value of combining WAG’s regional expertise with Tricon’s global capabilities. Bringing WAG fully into Tricon allows us to move faster, invest further, and deliver even greater value to our business partners in the region.”
Headquartered in Durban with a strong presence in Johannesburg and Cape Town, WAG is a leading distributor of plastics, rubber, fillers, and rubber chemicals across Southern Africa. Since Tricon’s initial investment, the companies have worked closely to strengthen supply chain operations, expand product access, and enhance service capabilities in key markets.
WAG will continue to operate under its established name and leadership team, maintaining the same high level of service. With full integration, Tricon and WAG will further scale their combined distribution network, deepen customer and supplier relationships, and expand technical and logistics support across the continent.
Grant Rosettenstein, WAG CEO, added: “Our partnership with Tricon has delivered meaningful progress for WAG and our customers. This next step strengthens our ability to grow and, with the support of our dedicated local team, continues to deliver value to our customers and suppliers as part of Tricon’s global platform.”
About Tricon
With 30 years in business, Tricon is an industry leader in the global distribution and trade of basic chemicals, polymers, and raw materials. Our purpose is to efficiently and sustainably connect the world with essential goods. We do that by providing logistics, financing, risk management, sustainability, market intelligence, distribution, and technical support to thousands of business partners in over 120 countries.
We originate and market products globally, meeting specific location, quality, timing, and volume requirements, and moved more than 23.2 million metric tons of product in 2025. Our diverse, global workforce is committed to providing our clients and suppliers with streamlined services, so they can focus on their core business.
About enX
Group enX Group Limited is listed on the Johannesburg Stock Exchange, headquartered in Johannesburg, South Africa and is the manufacturer and distributor of quality branded power equipment and a distributor of quality branded chemicals.
Contact
Kathleen Sledge
Communications & Marketing Manager, Tricon
sledgek@triconenergy.com
+1-713-598-7357
