BASEL, Switzerland – Specialty chemicals company Arxada AG recently announced it has completed the acquisition of Enviro Tech Chemical Services Inc. The acquisition became effective December 22, 2021. Enviro Tech is a manufacturer of proprietary and high-efficacy antimicrobial and biocidal products.
The acquisition represents the second strategic deal by Arxada, formerly known as Lonza Specialty Ingredients (LSI), in its first six months as an independent company. Arxada is owned by private equity funds Bain Capital and Cinven.