# Bakelite Synthetics agrees to acquire LRBG Chemicals

Bakelite Synthetics announced a definitive agreement to acquire LRBG Chemicals, a Canadian resin manufacturer with facilities in Longueuil, Quebec. The acquisition expands Bakelite's footprint into Canada.

- Type: Acquisition
- Announced: 2023-08-28
- Where: Longueuil, Quebec, Canada
- Status: announced
- Products: resins, derivative products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LRBG Chemicals](https://endata.com/companies/34880.md) (partner)
- [LRBG Chemicals](https://endata.com/companies/34880.md) (target)
- [Bakelite Synthetics](https://endata.com/companies/57663.md) (acquirer)

## Sources

- [bakelite.com](https://bakelite.com/bakelite-synthetics-announces-agreement-to-acquire-lrbg-chemicals-inc/), 2023-08-28: "This acquisition allows Bakelite to expand its footprint into Canada and to better serve the northeastern regions of Canada and the U.S."
- [privateequityinternational.com](https://www.privateequityinternational.com/private-equity-backed-bakelite-synthetics-to-buy-lrbg-chemicals/), 2023-08-29: "This acquisition allows Bakelite to expand its footprint into Canada and to better serve the northeastern regions of Canada and the US."
- [canplastics.com](https://www.canplastics.com/canplastics/bakelite-synthetics-buys-canadas-lrbg-chemicals/1003461861/), 2023-09-01: "This acquisition allows Bakelite to expand its footprint into Canada and to better serve the northeastern regions of Canada and the U.S."
- [everchem.com](https://everchem.com/q3-chemical-ma-everchem-made-the-list/), 2023-10-09: "LRBG Chemicals | Bakelite Synthetics | liquid phenolic resins, amino resins and amino spray-dried powdered resins | 3rd Quarter 2023"

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