# Chemtura acquires full ownership of Baxenden Chemicals

Chemtura acquired Croda International Plc’s shares in Baxenden Chemicals Ltd. for £13 million ($26 million), increasing its stake from 53.5% to 100%.

- Type: Acquisition
- Announced: 2022-07-15
- Where: Accrington and Droitwich, UK, United Kingdom
- Value: $26.0M (13.0M GBP)
- Jobs: 212
- Status: announced
- Products: polyurethane dispersions, polyurethane prepolymers, closed isocyanates
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Chemtura Corp.](https://endata.com/companies/21892.md) (acquirer)
- [Croda International](https://endata.com/companies/23250.md) (partner)
- [Baxenden Chemicals Ltd.](https://endata.com/companies/64182.md) (target)

## Sources

- [irosurfactant.com](https://www.irosurfactant.com/news/chemtura-mastered-the-core-technology-of-polyurethane-production-of-baxenden/), 2022-07-15: "Chemtura announced that it has acquired Croda International Plc’s shares in Baxenden Chemicals Ltd. for £13 million in cash ($26 million), increasing its stake from 53.5% to 100%."

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