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Arxada and Troy to Combine

Arxada, and Troy Corporation have announced that they have entered into an agreement to combine the two companies. The new company will have an expanded product portfolio to better serve customers in key growth areas, including paints and coatings. This agreement represents the first strategic deal by Arxada, formerly known as Lonza Specialty Ingredients or LSI and owned by private equity funds Bain Capital and Cinven, since the purchase from Lonza Group AG in July 2021. The partnership is a logical next step in Arxada's strategy to strengthen its offering and enhance the capabilities of its Microbial Control Solutions ('MCS') business. 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. Click here for more info