LANXESS to acquire IFF’s microbial control business
by Shrutee K · LANXESS to become one of the world's largest suppliers of microbial control products · Strengthening the specialty chemicals portfolio: expansion of the growth areas disinfection, personal care and material protection · Acquisition with approximately USD 450 million* in sales and around USD 100 million* in EBITDA · Attractive synergies: additional EBITDA contribution of around USD 35 million within four years · Purchase price of around USD 1.3 billion · Closing of transaction expected in Q2 2022 · Consumer Protection to become the Group’s strongest segment Cologne, August, 2021 – LAN...