# Lanxess to acquire Emerald Kalama Chemical for US$1.075 billion

Lanxess agreed to buy Emerald Kalama Chemical from private equity firm American Securities for an enterprise value of US$1.075 billion. Emerald Kalama is a specialty chemicals maker with about 500 employees and US$425 million in 2020 sales.

- Type: Acquisition
- Announced: 2021-02-14
- Where: Washington state, United States
- Value: $1.07B
- Jobs: 500
- Status: announced
- Products: specialty chemicals for foods and cosmetics
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [American Securities LLC](https://endata.com/companies/8969.md) (investor)
- [American Securities LLC](https://endata.com/companies/8969.md) (partner)
- [LANXESS](https://endata.com/companies/15514.md) (acquirer)
- [Emerald Kalama Chemical](https://endata.com/companies/48331.md) (target)

## Sources

- [businesstimes.com.sg](https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/lanxess-to-buy-emerald-kalama-for-us1.075b), 2021-02-14: "LANXESS agreed to buy Emerald Kalama Chemical for an enterprise value of US$1.075 billion."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/lanxess-acquiring-emerald-kalama-chemical/), 2021-02-16: "LANXESS signed a binding agreement to acquire 100% shares in Emerald Kalama Chemical on Feb. 14, 2021"
- [coatingsworld.com](https://www.coatingsworld.com/exclusives/raw-material-suppliers-distributors-part-of-recent-ma-activity/), 2021-02-17: "LANXESS acquired Emerald Kalama Chemical for around $1.04 billion (€867 million)."
- [waterwastewaterasia.com](https://waterwastewaterasia.com/lanxess-signs-contract-to-acquire-emerald-kalama-chemical/), 2021-03-01: "We are gaining further momentum on our growth course. The businesses of Emerald Kalama Chemical are an ideal fit for us."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=29), 2021-03-05: "Emerald Kalama Chemical recently announced that affiliates of its majority owner, American Securities LLC, have entered into a definitive agreement to sell Emerald to LANXESS AG."

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