Zschimmer & Schwarz Announces Acquisition of the LEXOLUBE Division

The acquisition of the LEXOLUBE Division from INOLEX expands the lubricant and lubricant component portfolio at Zschimmer & Schwarz. With this acquisition, the specialtychemicals manufacturer gains further access to a growing and strategically important market.

Lahnstein (Germany), Milledgeville (GA), January 2017 - In line with a clearly defined growth strategy, Zschimmer & Schwarz, Inc., has acquired the LEXOLUBE Division from INOLEX, Inc. The acquisition expands the existing business portfolio of the specialty chemicals manufacturer with additional specialty lubricants and lubricant components. The transaction took place on January 3rd, 2017.

"We are pleased to announce the acquisition of the LEXOLUBE Division from INOLEX Inc.," says William Burton, CEO of Zschimmer & Schwarz, Inc. “The acquisition adds a series of high quality and IP-protected innovative solutions to our existing lubricant portfolio. Our technical capability and capacity will allow us to continue strong growth in the lubricant market segment.” “Zschimmer & Schwarz is the perfect match,” says Tyler Housel, former EVP of INOLEX Inc. and now Head of the LEXOLUBE Division at Zschimmer & Schwarz, Inc. “The new organization will make us a stronger supplier to our valued customers.”
In order to guarantee a smooth transition, INOLEX will continue to produce LEXOLUBE products for a certain period until manufacturing is transferred to the Milledgeville, GA site. Sales for LEXOLUBE products will be exclusively handled by Zschimmer & Schwarz Inc.

About Inolex
INOLEX is an independent, global personal care ingredient company founded in 1892 and
based in Philadelphia, USA. “This transaction represents an important strategic milestone
for INOLEX as we focus on providing innovative ingredients and technology into the beauty
care and related consumer care markets,” said David Plimpton, President and CEO of
INOLEX. “LEXOLUBE has been a successful part of the INOLEX platform for many years,
and we look forward to supporting a smooth transition of the division to Zschimmer &
Schwarz as they continue to build the business line.”

About Zschimmer & Schwarz
Zschimmer & Schwarz, a family owned business founded in 1894, with headquarters in
Lahnstein, Germany, develops and produces high performance chemical auxiliaries for the
leather, ceramic, textile/fiber, personal care, lubricant, polymer and phosphonate
industries/markets.
The Zschimmer & Schwarz group is comprised of 28 companies worldwide, 20 of them with
production facilities.

Contact
Zschimmer & Schwarz Chemie GmbH
Max-Schwarz-Straße 3-5
56112 Lahnstein
GERMANY
Phone: +49 2621 12-332
Fax: +49 2621 12-575
E-Mail: info@zschimmer-schwarz.com
www.zschimmer-schwarz.com

Zschimmer & Schwarz, Incorporated
70 Georgia Highway 22 West
Milledgeville, GA 31061
USA
Phone: +1-478-454-1942
Fax: +1-478-453-8854
E-mail: info.zsus@zschimmer-schwarz.com
www.zschimmer-schwarz.com/usa
lexolube@zschimmer-schwarz.com

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About Us

ZSCHIMMER & SCHWARZ is an internationally active company with headquarters in Lahnstein near Koblenz, Germany. The company has been family-owned since its foundation in 1894 in Chemnitz, Germany.

Continued

Our core business is the development, manufacture and delivery of tailor-made chemical auxiliaries for the leather, fur, ceramic, textile and fiber industries. In addition, ZSCHIMMER & SCHWARZ is one of the leading manufacturers of high performance chemical specialities and auxiliaries for cosmetics and cleaning applications as well as phosphonates and polymer-based solutions.

Where We Are

Zschimmer & Schwarz Inc.
70 GA Highway 22W
Milledgeville, GA 31061 USA

Tel: +1 478 454 1942
Fax: +1 478 453 8854

E-mail: lexolube@zschimmer-schwarz.com