nav Searchuser
Maxunitech Inc.
Beijing Multigrass Formulation Co., Ltd.

Arkema completes the acquisition of ArrMazqrcode

Jul. 2, 2019

Favorites Print
Forward
Jul. 2, 2019
On July 1st 2019, Arkema completed the acquisition of ArrMaz, a global leader in specialty surfactants for crop nutrition, mining and infrastructure markets. The acquisition of this profitable, resilient and low capital intensive business, which has an accretive impact from the first year, is another milestone in Arkema’s growth journey towards specialties that contributes to further reinforcing the Group’s profile.
 
ArrMaz offers tailored and sustainable solutions for the specific and ever-changing needs of its customers in the crop nutrition, mining and infrastructure markets. Present in North America, South America, Asia and in the fast-growing countries of the Middle East and Africa, ArrMaz achieves around US$290 million of sales.
 
With this very complementary acquisition in terms of regional exposure, as well as commercial and technological capabilities, Arkema will accelerate its growth in specialty surfactants, in particular thanks to developments in new markets such as additives for nutrients, lithium extraction and oil & gas process aids.
 
"We are very pleased to welcome the ArrMaz teams. Their recognized formulation expertise, excellent reputation with customers and leadership positions in several niche markets are all assets that will contribute to accelerate the development of specialty surfactants within the Group," stated Thierry Le Hénaff, Chairman and CEO of Arkema.
 

Picture 0/1200

More from AgroNews

Sichuan Lomon Bio Technology Co., Ltd.

Magazine

2019 CRO & CRAO Manual 2019 Market Insight
2019 India Pesticide Suppliers Guide 2019 Biologicals Special
2019 Latin America Focus 2019 Formulation & Adjuvant Technology
I wanna post a press Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.