# LANXESS signs agreement to acquire Emerald Kalama Chemical

Specialty chemicals company LANXESS signed a binding agreement to acquire 100% of Emerald Kalama Chemical for an enterprise value of USD 1.075 billion. The US-based company is a leading manufacturer of specialty chemicals for the consumer segment.

- Type: Acquisition
- Announced: 2020-07-02
- Where: United States
- Value: $1.07B
- Status: announced
- Products: specialty chemicals for consumer segment, food industry, animal health
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LANXESS](https://endata.com/companies/15514.md) (acquirer)
- [Emerald Kalama Chemical](https://endata.com/companies/48331.md) (target)

## Sources

- [lanxess.com](https://lanxess.com/en/media/press-releases/2021/02/lanxess-signs-contract-to-acquire-emerald-kalama-chemical), 2020-07-02: "We are gaining further momentum on our growth course."

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