Lanxess to acquire Chemtura

By Myles McCormick
Published: Tuesday, 27 September 2016

The deal will expand the German chemicals producer’s reach in North America and create a significant player in the additives business.

 Lanxess chairman of the board Matthias Zachert_Lanxess
Lanxess chairman Matthias Zachert said the acquisition would create a more resilient company (Source: Lanxess)
German speciality chemicals producer Lanxess AG has announced plans to buy US flame retardant and lubricant manufacturer Chemtura Corp. for €2.4bn ($2.7bn).

The companies have signed a definitive agreement in relation to the deal,...

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