Specialty chemicals company Lanxess is accelerating its growth course and signed a binding agreement to acquire 100 % shares in Emerald Kalama Chemical. The US-based company is a global manufacturer of specialty chemicals, especially for the consumer segment, and is majority-owned by affiliates of the US private equity firm American Securities, a private investment firm that has owned Emerald Kalama since 2014. The enterprise value of Emerald Kalama amounts to EUR 895 million (USD 1.075 billion). After deducting debt-like items, the purchase price is around EUR 867 million (USD 1.04 billion), which the Colognebased company will finance from ...