Berater-NewsTop-News

Deloitte advised LANXESS on USD1.3bn purchase of IFF´s microbial control business

About the transaction

Deloitte has advised LANXESS on the purchase of the Microbial Control business unit of  International Flavors & Fragrances Inc. (IFF). The Deloitte team was led by Financial Advisory Partner Malte Stoever and Senior Manager Robin Schmidt (FDD Services). Pre-PPA advise was provided by Financial Advisory Partner Andreas Becker and IT DD support by Deloitte Consulting Partner Axel Mayer and Senior Manager Hiroshi Ochi. The IFF Microbial Control business is a supplier of antimicrobial active ingredients and formulations for material protection, preservatives and disinfectants. The products are used in a wide range of applications, particularly in personal care and household products, industrial water treatment as well as paints and coatings.

About the client

LANXESS is a leading specialty chemicals company with sales of EUR 6.1 billion in 2020. The company currently has about 14,800 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

____________________

About Deloitte

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services; legal advisory services in Germany are provided by Deloitte Legal. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organization”) serves four out of five Fortune Global 500® companies.

About Deloitte – Financial Advisory

As leading independent M&A advisors, we provide M&A deal execution and financial advisory services to private equity firms and large and mid-market corporations globally. We offer financial advice and insight at every stage of a transaction – from consideration of the strategic options to transaction execution, be it an IPO, acquisition or divestment, restructuring or fast track disposal. We pride ourselves in our independent advice to our clients.

more information…

Cookie Consent Banner von Real Cookie Banner