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Announced

Completed

Stepan completed the acquisition of Logos Technologies' NatSurFact business.

Synopsis

Stepan, a manufacturer of specialty chemicals, completed the acquisition of NatSurFact business, a provider of biodegradable and renewable biosurfactant, from Logos Technologies, a provider of technology and program solutions. Financial terms were not disclosed. "We look forward to building on NatSurFact's work to commercialize these unique surfactants in the coming years. Stepan is actively developing high-performing, advantageous products as a key pillar of our sustainability commitments. NatSurFact's rhamnolipid technology provides an important new option as customers across markets seek to meet new sustainability targets for their products," F. Quinn Stepan, Stepan Chairman, President and Chief Executive Officer.

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