# LANXESS sells reverse osmosis membrane business to SUEZ

LANXESS signed an agreement to sell its reverse osmosis membrane business, including a plant in Bitterfeld, Germany, to SUEZ. The purchase price was not disclosed.

- Type: Acquisition
- Announced: 2022-11-07
- Where: Bitterfeld, Germany, Germany
- Value: $506.0M (460.0M EUR)
- Status: announced
- Products: reverse osmosis membranes
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [LANXESS](https://endata.com/companies/15514.md)
- [Suez](https://endata.com/companies/1259.md) (acquirer)
- [UBE Corporation](https://endata.com/companies/43908.md) (acquirer)

## Sources

- [lanxess.com](https://lanxess.com/en/media/press-releases/2024/10/lanxess-signs-contract-to-sell-urethane-systems-business-to-ube-corporation), 2022-11-07: "The sale of Urethane Systems marks another milestone in our fast transformation into a pure-play specialty chemicals company."
- [lanxess.com](https://lanxess.com/en/investors/news-and-events/news/2020/07/16/11/49/lanxess-realigns-water-treatment-business), 2022-11-07: "The membrane business no longer fits in with our strategic focus on specialty chemicals."

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