LANXESS, a German specialty chemicals company, has agreed to acquire US-based Emerald Kalama Chemical for $1.075 billion, inclusive of debt. Emerald Kalama Chemical manufactures specialty chemicals, particularly for the consumer segment. The company is majority-owned by affiliates of American Securities, a US private equity firm. Last year, Emerald Kalama Chemical registered sales of nearly $425 […]
Lanxess, a US-based specialty chemicals company, has signed an agreement to sell its chrome chemicals business Lanxess CISA to Chinese leather chemicals producer Brother Enterprises for €83.05 million ($93.06 million). The chrome chemicals business, which belongs to the Lanxess Leather business unit, generates annual sales of around €100 million. Brother Enterprises will acquire Lanxess’s two […]
German pharma company Bayer and specialty chemicals company Lanxess have signed corresponding agreements with Macquarie Infrastructure and Real Assets (MIRA) to sell their stakes in Currenta, a chemical park operator, for an enterprise value of €3.5 billion. Currenta, a joint venture of Bayer and Lanxess, manages and operates infrastructure, energy supply and other essential services […]