Dutch Company ThermPhos Acquired By Lanxess

Lanxess acquires French subsidiary of ThermPhos International

11:57 AM, 16th September 2013
Lanxess Business Acquisition News

COLOGNE, GERMANY/PARIS, FRANCE: Lanxess is expanding its portfolio of phosphorus-based chemicals by taking over the business operations belonging to the French subsidiary of the insolvent Dutch company ThermPhos International BV. The transaction closes with immediate effect.

Lanxess is acquiring the production assets and the customer list of the ThermPhos site in Epierre, South Eastern France – a globally leading Phosphorus Pentoxide and Polyphosphoric Acid producer. Both products are complementary to the company’s existing phosphorus portfolio. They can be used as chemical intermediates including flame retardants and pharmaceuticals.

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