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Company News

Arxada Completes Merger with Troy

Additives-124578787.jpg
January 5, 2022

BASEL, Switzerland — Specialty chemicals company Arxada recently announced the completion of the merger with Troy Corp., a global leader in microbial control solutions and performance additives. The combination, announced on Nov. 3, 2021, creates a comprehensive and innovative offering in Arxada’s Microbial Control Solutions business, enabling the delivery of new solutions and value-added services to customers.

Troy is a global leader in the field of industrial preservation with broad expertise in paints and coatings, wood protection and preservation, home and personal care, plastics and textiles, energy, and metal working fluids.

Arxada reports that it will benefit from Troy’s technical expertise, trusted customer relationships and broad portfolio of performance products as well as its history of innovation, including the invention of 3-iodo propynyl butyl carbamate (IPBC). Troy brings five new production sites across the world, four research and development centers and approximately 650 employees, enhancing Arxada’s commercial presence across the globe.

The completion of the combination with Troy follows the acquisition of Enviro Tech Chemical Services, a manufacturer of proprietary and high-efficacy antimicrobial and biocidal products, which was announced on Dec. 23, 2021.

Marc Doyle, Chief Executive Officer of Arxada, said, “The completion of two strategic deals in our first six months as an independent company shows our commitment to strengthening our position as a partner of choice in microbial control through the addition of new applications and active ingredients to our portfolio. We are delighted to welcome our new colleagues and look forward to building on our combined expertise to deliver new solutions and services to our customers.”

Learn more at www.arxada.com. 

KEYWORDS: additives Antimicrobials Biocides mergers

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