18 December 2017
LANXESS acquires biotech start-up IMD Natural Solutions
Specialty chemicals group LANXESS is expanding its expertise in biotechnology and acquiring the biotech start-up IMD Natural Solutions.
IMD Natural Solutions develops novel active ingredients from sustainable natural resources for the food, beverage and consumer goods industries.
The focus is on the research and development of natural substances with antimicrobial effects. Financial details of the transaction were not disclosed.
„The team of IMD Natural Solutions has outstanding expertise in the extraction of natural active ingredients. We expect the acquisition to bring substantial
innovations in our production processes and for the further development of our Material Protection portfolio, „said Michael Schäfer, Head of LANXESS‘ Material
Protection Products Business Unit, explaining the reasons for the acquisition. This is an important step towards making LANXESS fit for the future in the growing
market for natural active ingredients.