Lanxess to acquire Chemtura
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.
German speciality chemicals producer Lanxess AG has announced
plans to buy US flame retardant and lubricant manufacturer
Chemtura Corp. for €2.4bn ($2.7bn).
Matthias Zachert said the acquisition would create a more
resilient company (Source: Lanxess)
The companies have signed a definitive agreement in relation
to the deal,...