20. Jan 2022 | Markets & Companies
Arxada completes Merger with Troy
The combination, announced on 3 November 2021, creates a comprehensive offering in Arxada’s Microbial Control Solutions (‘MCS’) business. According to the company, 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.
Five new production sites
Arxada intends to benefit from Troy’s technical expertise and broad portfolio of performance products. 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.
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."
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