Announced
Financials
Sources
Tags
Single Bidder
Friendly
Private
Specialty Chemicals
Acquisition
Majority
Pending
Germany
specialty chemicals
Synopsis
PMC Group, which provides chemical products and services, agreed to acquire the Organotin Specialties Business of Lanxess, which manufactures specialty chemicals. Financial terms were not disclosed. "This acquisition represents PMC's continued commitment to the organotin industry and is in synergy with our current activities in the field of organometallic compounds and catalysts. the company's customer base and all of PMC's customers will benefit greatly from the combination of the technology base and the organometallic company's experience with the global supply chain, technology and manufacturing capabilities of PMC. PMC as well as the orientation in innovative solutions and technical services in this sector. " Mr. Debtosh Chakrabarti, PMC President.
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