Business Strategy Suez Acquires Lanxess’ Membrane Business
Lanxess has completed the sale of its membrane business to Suez. On January 1, 2021 the company’s production plant as well as the research facilities in Bitterfeld, Germany were transferred to Suez.
Cologne/Germany – The business was acquired by French group Suez, a world leader in sustainable resource management. The parties have agreed not to disclose the purchase price.
Thus, as of January 1, 2021, the production plant as well as the research facilities in Bitterfeld, Germany, including all employees were transferred to Suez.