Posted by Katherine Sherbourne, on September 3, 2019.
Basildon Chemicals to acquire Lambson Personal Care and Encapsulation technology and assets.
We are pleased to announce the forthcoming acquisition of Lambson Limited’s Personal Care, Household I&I, Brewing and Encapsulation assets. Lambson a specialty chemical business headquartered in the UK has its core interests in the Energy Cure, Personal Care and Fine Chemicals Performance Additives markets.
Basildon Chemicals is a UK based specialist manufacturer and formulator of silicone emulsions and compounds. The company is focused on the consumer markets of Personal Care, Pharmaceutical and Food, as well as supplying certain niche industrial markets such as silicones for Coatings, Car Care and Agrochemicals.
Mr Fraser Hall, MD of Lambson, said “We have actively sought out a buyer who really appreciates the business, understands how to operate it properly, and is keen and capable of developing its future potential. The acquisition combines two like-minded cultures with harmonised skill sets and builds on Basildon’s already strong market position, adding an established portfolio of complementary products as well as new technologies”.
Mr Ian Watling, MD of Basildon Chemicals, said “We are well-positioned to continue to grow the newly acquired Lambson business. With continued investments in product development, while leveraging our synergies in supply chain and manufacturing, we remain committed to delivering the specialty product offering and value-added customer support that our partners and end-users have come to expect
As new owners, Basildon Chemicals, recognise the reputation that has been created through relationships with Lambson’s existing customers and partners and are keen to ensure that this reputation is maintained and built upon. The closing of the transaction is subject to usual and customary closing conditions. The effective date will be September 1st 2019. All transactions prior to this date will
be handled by Lambson in the usual manner. Post this date all transactions will be handled by Basildon Chemicals, who will contact stakeholders directly.