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INOLEX Sells Lexolube Division

Firm to focus on unique capabilities and strengths in the personal care ingredients.

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By: Christine Esposito

Editor-in-Chief

INOLEX is pleased to announced the sale of its industrial lubricants division (the Lexolube Division) to Zschimmer & Schwarz. The transaction follows several years of tremendous global growth for INOLEX and will allow the company to focus on its unique capabilities and strengths in the personal care ingredients market. Proceeds from the transaction will be reinvested to fuel INOLEX’s continued growth.   “This transaction represents an important strategic milestone for INOLEX as we focus o...

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