Lanxess has completed the €870 million acquisition of Emerald Kalama Chemical, the second largest in its history. Among many other things, this will give the company a new presence in aroma chemicals
Lanxess has completed the €870 million acquisition of Emerald Kalama Chemical, the second largest in its history. Among many other things, this will give the company a new presence in aroma chemicals, for which it will create a new Flavours & Fragrances (F&F) business unit, led by Holger Hüppeler.
About 75% of Emerald Kalama’s sales of €375 million last year were attributable to business with speciality products for the consumer care market, especially for flavours and fragrances. Some 30 new aroma chemicals of all kinds came with the deal, which also brought preservatives for multiple applications, including personal care, such as aldehydes and benzoates under the Kalama, Purox and Kalaguard brands.