Represents most recent M&A advisory engagement for world’s leading water industry consultancy
OXFORD, United Kingdom – Amane Advisors, the premier global consultancy and advisory focused on the water industry, recently completed its most recent M&A advisory engagement, serving as the exclusive advisor to German specialty chemicals company LANXESS in the successful sale of its reverse osmosis (RO) membrane business to SUEZ, a world leader in sustainable resource management.
The transaction, the completion of which was announced on 1 January 2021, represents a win for both LANXESS and SUEZ. It included the transfer to SUEZ of the LANXESS RO production plant in Bitterfeld, Germany, as well as the affiliated research facilities with all employees. The purchase price was not disclosed.
This transaction is among Amane Advisors’ most recently completed M&A advisory engagements. Over the past 10 years, Amane has successfully advised a wide range of international clients in both buy-side and sell-side roles, reflecting the firm’s deep experience, strong reputation and unrivalled relationships in the water sector.
Geoff Gage, Amane Advisors Managing Partner leading the engagement, shared: “Amane is very proud to have acted as exclusive sell-side advisor in this transaction. We were delighted to bring Amane’s extensive knowledge and networks in the global water industry, along with specific transaction expertise, to help LANXESS and SUEZ – two major water companies – to further their growth plans.”
According to Mr. Gage, the sale of LANXESS’s RO business follows its strategy to realign the company’s focus on its global ion exchange resins business, specifically in high-end applications. “This acquisition also enables SUEZ to reinforce its membrane offering under its Water Technologies & Solutions division by providing customers with new complementary RO membrane technology to address the customers’ water treatment needs,” he added.
About Amane Advisors
Amane Advisors is a global advisory firm dedicated to the water industry bringing services to its clients on all matters relating to their growth. Its clients range from multinationals, institutions and investors, to innovative start-ups and technology companies. Services include Strategy, Market Intelligence, Commercialization, Mergers & Acquisitions, PPP Advisory and Digital Transformation. To learn more, visit www.amaneadvisors.com.
LANXESS is a leading specialty chemicals company with sales of EUR 6.8 billion in 2019. The company currently has about 14,300 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.