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19. February 2021

Lanxess: Contract to acquire Emerald Kalama Chemical

Specialty chemicals company Lanxess has signed a binding agreement to acquire 100 % shares in Emerald Kalama Chemical on 14 February 2021.

The US-based company is a globally leading manufacturer of specialty chemicals, especially for the consumer segment, and is majority-owned by affiliates of the US private equity firm American Securities LLC. The enterprise value of Emerald Kalama Chemical amounts to USD 1.075 billion. After deducting debt-like items, the purchase price is around USD 1.04 billion (EUR 867 million*), which Lanxess will finance from existing liquidity. The transaction is expected to be completed in the second half of 2021. It is still subject to approval by the relevant authorities.

www.lanxess.com

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