German chemical company Lanxess on an acquisition spree

Lanxess (LXS.F) is a German producer of chemical intermediates, additives, speciality chemicals and plastics. Over the last few months, they have signed agreements to acquire two more chemical companies and are in negotiations for a third. Among these acquisitions are two French disinfectant manufacturers: Intace, who specialise in fungicides and biocides for use in the consumer goods packaging industry (signed 14/01/21) and Theseo, a producer of livestock disinfectant products (expected to sign by mid-year). Both of these acquisitions come as Lanxess aims to expand its position as a global leader in biocide and antimicrobial manufacturing. 

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