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The new company will have an expanded product portfolio to better serve customers in key growth areas, including paints and coatings.
November 3, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Arxada, a global speciality chemicals business, and Troy Corporation, a global leader in microbial control solutions and performance additives, announced that they have entered into an agreement to combine the two companies. This agreement represents the first strategic deal by Arxada, formerly known as Lonza Specialty Ingredients or LSI and owned by private equity funds Bain Capital and Cinven, since the purchase from Lonza Group AG in July 2021. As part of the deal structure, Troy’s owners wi...
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