LANXESS acquires Brazilian biocide manufacturer IPEL
LANXESS acquired Itibanyl Produtos Especiais Ltda. (IPEL), a biocide manufacturer in Jarinu, São Paulo, Brazil. The purchase price was not disclosed. The transaction is expected to close in Q1 2020.
Productsbiocidesspecialty chemicals for paints and coatings
“With IPEL’s business, we are expanding our global production network and strengthening our position in South America.”coatingsworld.com
- 3 sources
- coatingsworld.comLANXESS Acquires Brazilian Biocide Manufacturer - Coatings WorldBy: Anthony Locicero Copy Editor, New York Post, Rodman MediaDec 2, 2019
- european-coatings.comLanxess acquires Brazilian biocide manufacturer - European CoatingsDec 5, 2019
- pcimag.comAcquisitions - Articles - Page 17 | PCI MagazineJan 17, 2020
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