Syensqo to Seek Acquisitions That Fit Growth Strategy, CEO Says

Jan. 16, 2024, 11:10 AM UTC

Syensqo SA, the chemicals maker spun off last month by Solvay SA, will pursue acquisitions as long as they fit the company’s growth strategy, its chief executive officer said.

The Belgian company’s main goal is to increase revenue and attract investors who value growth, CEO Ilham Kadri said in an interview Monday at the World Economic Forum in Davos, Switzerland.

“We have a strong balance sheet now which gives us the opportunity to look at interesting acquisition opportunities,” she said. “However, we don’t want to do M&A for the sake of doing it. It has to make sense for ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.