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  6. LANXESS Acquires Verichem

M&A Deal Summary

LANXESS Acquires Verichem

On November 10, 2011, LANXESS acquired chemicals company Verichem

Acquisition Highlights
  • This is LANXESS’s 7th transaction in the Chemicals sector.
  • This is LANXESS’s 3rd transaction in the United States.
  • This is LANXESS’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2011-11-10
Target Verichem
Sector Chemicals
Buyer(s) LANXESS
Deal Type Add-on Acquisition

Target

Verichem

Pittsburgh, Pennsylvania, United States
Verichem, Inc. is a specialty chemicals company will significantly bolster its position in the U.S. material protection market and broaden its global biocide manufacturing network.

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Buyer(S) 1

Buyer

LANXESS

Cologne, Germany
Category Company
Founded 1863
Sector Chemicals
Employees12,621
Revenue 6.7B EUR (2023)
DESCRIPTION
Entrance to Lanxess' Pittsburgh, Pennsylvania office.
Entrance to Lanxess' Pittsburgh, Pennsylvania office.

LANXESS is a specialty chemicals company. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates, and specialty chemicals. LAXNESS was founded in 1863 and is based in Cologne, Germany.

DEAL STATS #
Overall 7 of 17
Sector (Chemicals) 7 of 16
Type (Add-on Acquisition) 3 of 9
State (Pennsylvania) 1 of 2
Country (United States) 3 of 7
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-01 Syngenta AG - Material Protection Business

United States

Syngenta AG - Material Protection Business is a provider of biocides for construction materials.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-12 Bond-Laminates

Brilon, Germany

Bond-Laminates GmbH is specializes in developing thermoplastic composite sheets.

Buy -
Mergr

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