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Acquisition of Lanxess by TFL complete

Leather chemicals manufacturer TFL has has completed the acquisition of the organic leather chemicals (OLC) business of Lanxess. The transaction has received the approval of the relevant authorities and closed on June 1, 2021. The TFL and OLC teams are working together to integrate the two businesses in order to provide a seamless service to customers worldwide.


TFL CEO to retire

Dr Peter Amann, CEO of chemical supplier TFL Group, is to retire by the end of 2020 but will join the company's Supervisory Board in 2021.