Third buy for Airedale
The Airedale Group has acquired McCann Chemicals, including its Hunter Chemicals and McCann Food & Nutrition subsidiaries. Both firms are UK-based. This is Airedale’s third acquisition since 2015. McCann Chemicals, which is 50 years old this year, will continue to operate independently.
Airedale said that McCann’s portfolio of organic and inorganic chemicals will complement its existing offering from its five divisions of Functional, Innovation, Food & Beverage, Metal Surface Treatment, Life Science and Surfactants, and will support its plans to strengthen its market position.
RELATED ARTICLES
UK-based speciality chemicals company Elementis has announced that, by mutual agreement, CEO Paul Waterman will step down no later than the AGM in April 2025, remaining available as required for any transition or other support until the end of July. A successor is now being sought.
Swiss CDMO Siegfried has inaugurated its new global R&D centre for drug substances at its site in Evionnaz.
International Chemical Investors Group (ICIG), the owner of WeylChem and many other European chemical assets, has acquired the European Advanced Organics business of Valtris Specialty Chemicals.
SOCMA, the trade association of the US speciality chemical manufacturing industry, has published an open letter to the pending Trump administration, urging it to “prioritise policies that encourage advancement, streamline regulatory processes and incentivise domestic manufacturing”.
BASF has formed a partnership with Slovenian white biotech Acies Bio. Under this it will further develop the latter’s OneCarbonBio fermentation platform to derive methanol for the production of fatty alcohols for home and personal care ingredients, notably surfactants.
Peptides CDMO AmbioPharm, has broken ground on a 650 m2, $28 million expansion project at its Shanghai manufacturing site. This is due to be complete in 2H 2025 and will produce over 8 tonnes/year of crude peptide.
