LBO France completes CHRYSO acquisition

LBO France completes CHRYSO acquisition

LBO France has completed the acquisition of CHRYSO from Materis for Gé¼285 million, alongside the present management team. LBO France will now closely work with CHRYSO´s management team to drive the company´s ambitious business plan by reinforcing its technological leadership and continuing its geographic expansion at a global level.

With sales of Gé¼239 million in 2013 and nearly 1,000 employees, CHRYSO is a global player, industrially and commercially present in over 20 countries. The company has exposure to both developed (Europe, North America) and emerging markets, with the latter accounting for over 50 per cent of its business. A leading global specialty chemicals player at the service of the construction industry, CHRYSO is specialised in admixtures and construction systems, and is renowned for its strong innovation capability.

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