# 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.

- Type: Acquisition
- Announced: 2019-11-28
- Where: Jarinu, São Paulo, Brazil
- Status: announced
- Products: biocides, specialty chemicals for paints and coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LANXESS](https://endata.com/companies/15514.md) (acquirer)
- [Itibanyl Produtos Especiais Ltda. (IPEL)](https://endata.com/companies/43652.md) (target)
- [Itibanyl Produtos Especiais Ltda.](https://endata.com/companies/43747.md) (target)

## Sources

- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/lanxess-acquires-brazilian-biocide-manufacturer/), 2019-12-02: "With IPEL’s business, we are expanding our global production network and strengthening our position in South America."
- [european-coatings.com](https://www.european-coatings.com/news/raw-materials/lanxess-acquires-brazilian-biocide-manufacturer/), 2019-12-05: "With the acquisition of IPEL in Brazil, the Material Protection Products business unit is reinforcing its global presence and is now in a position to serve its South American customers from a local production facility."
- [pcimag.com](https://www.pcimag.com/articles/keyword/2065-acquisitions?page=17), 2020-01-17: "Specialty chemicals company LANXESS is strengthening its position as a leading manufacturer of active biocidal ingredients and formulations with the acquisition of Itibanyl Produtos Especiais Ltda."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.