INOLEX Sells Lexolube Division

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By: TOM BRANNA

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INOLEX sold its industrial lubricants division (Lexolube) to Zschimmer & Schwarz. The transaction follows several years of tremendous global growth for the company 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 the company’s continued growth. “This transaction represents an important strategic milestone. We focus on providing innovative ingredients for the beaut...

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