Lanxess aims to become one of the world’s largest suppliers of antimicrobial protection products by acquiring IFF’s Microbial Control business. Lanxess will pay around USD 1.3 billion (EUR 1.1 billion) for the acquisition.
More than a year after the outbreak of the Covid-19 pandemic, Mergers & Acquisitions (M&A) momentum is picking up noticeably in the coatings industry. What does the market look like? And what does the ‘breakout mood’ ...