Mergers and Acquisitions, Suppliers News

Solvay Completes Acquisition of Cytec and Starts Integration Plans

Company expects to generate a minimum of 100 million euros in annual synergies within three years after the acquisition.

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By: Catherine Diamon

Director, Executive Internal Communications, GAF

Solvay has successfully completed the acquisition of Cytec and will immediately begin the integration of Cytec’s businesses to deliver cost synergies and capture significant business opportunities in advanced lightweighting materials for the aerospace and automotive industries and in specialty chemicals for mining. “Cytec represents a decisive milestone in Solvay’s transformation and opens up new horizons for growth and innovation. Solvay is now a leading provider of lightweighting materials ...

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