Arxada announces the completion of the merger with Troy Corporation, one of the global leaders in microbial control solutions and performance additives. The combination, announced on 3 November 2021, creates a comprehensive and innovative offering in Arxada’s Microbial Control Solutions (‘MCS’) business, enabling the delivery of new solutions and value-added services to customers.
Combination to Strengthen Customer Relations
Arxada will benefit from Troy’s technical expertise, trusted customer relationships and broad portfolio of performance products as well as its long history of innovation, including the invention of 3-iodo propynyl butyl carbamate (IPBC).
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 to further accelerate the Company’s innovation capabilities and better serve customer needs.
The completion of the combination with Troy follows the acquisition of Enviro Tech Chemical Services, a category-leading manufacturer of proprietary and
high-efficacy antimicrobial and biocidal products.
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.”
Source: Arxada