IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

WeylChem Hunts for ‘Sizable’ Deals to Further Increase Sales

10:36 AM MST | February 19, 2008 | Alex Scott

Private equity-owned chemicals manufacturer WeylChem (Frankfurt) is seeking major acquisitions as part of a strategy to maintain strong double-digit sales growth, the company told CW at the Informex specialty and fine chemicals expo, held recently in New Orleans. WeylChem’s sales grew 70% in each of the past two years largely through acquisitions, to reach about €600 million ($873 million) in 2007. The company’s sales to the pharmaceuticals sector are about €250 million/year, making WeylChem a top-20 custom fine chemical player. Maintaining...

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