Industry News, Mergers and Acquisitions, Suppliers News

LANXESS Successfully Completes Acquisition of Chemtura

Combined additives business anticipates annual sales of approximately €2 billion, with increased footprint in North America.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

LANXESS has successfully completed the acquisition of US company Chemtura, one of the world’s leading suppliers of flame retardant and lubricant additives, earlier than originally expected effective April 21, 2017. All required regulatory authorities have cleared the transaction.   In February 2017, Chemtura’s shareholders voted to approve the acquisition. With a total enterprise value of €2.4 billion, Chemtura is the largest acquisition in the history of LANXESS. The acquisition significantly...

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