Anthony Locicero, Associate editor02.17.21
The paint and coatings industry has witnessed major M&A activity since 2020, including on the raw material supplier and distributor side.
Roughly 2.5 months in 2021 and there have been several acquisitions.
Most recently, LANXESS acquired Emerald Kalama Chemical for around $1.04 billion (€867 million).
The specialty chemical company last month acquired Paris-based INTACE SAS, a manufacturer of specialty fungicides.
The KRAHN Chemie Group, which is part of the globally operating Otto Krahn Group, acquired majority stakes in six companies from Jollis AB & Partners.
Two of the companies concerned are AmphoChem AB, a Nordic distributor of industrial chemicals, additives and specialty chemicals, and Pemco Additives AB, another Nordic distributor active in the fuels, lubricants and petrochemical industries.
It had acquired a majority share of InterActive S.A., headquartered in Athens, Greece, and
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