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Written on 09.11.2010 - Industry
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Lanxess buys businesses from Flexsys

Lanxess has agreed to acquire two businesses from Flexsys, a division of Solutia Inc., St. Louis, MO, USA. Lanxess will acquire the primary accelerator business as well as the anti-reversion agent Perkalink 900. Employees will not be transferred. The acquisition prices were not disclosed.

Lanxess will take over selected parts of Flexsys’ primary accelerators business and integrate them into its existing production facilities in Kallo, Belgium, and Bushy Park, SC, USA. According to the company, it has invested EUR 10 million over the last two years to upgrade its Kallo plant. Perkalink 900 complements the existing specialities portfolio of Lanxess’ Rubber Chemicals business unit.

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