All Lanxess articles

  • News briefs

    DSM sells engineering materials business

    2022-06-07T10:52:00Z

    The Dutch group Royal DSM reached an agreement to sell its engineering materials business to Advent International and Lanxess for an enterprise value of €3.85 billion. The business represented €1.5 billion of DSM’s total annual net sales and €334 million of its total adjusted Ebitda for 2021. DSM expects to ...

  • News briefs

    Lanxess sells organic leather chemicals business, launches Adiprene Green

    2020-08-25T08:34:00Z

    The German specialty chemicals company Lanxess is selling its organic leather chemicals business to TFL Ledertechnik . The purchase price is made up from a fixed component of €80 million and a performance-related component of up to €115 million. In addition, TFL will assume certain liabilities associated with the ...