Articles Tagged with ''acquisitions''

generic chemicals

Huntsman Completes Sale of Chemical Intermediates and Surfactants Businesses to Indorama Ventures for $2 Billion

The transaction comprises a cash purchase price of approximately $1.93 billion, which includes estimated adjustments to the purchase price for working capital, plus the transfer of up to approximately $76 million in net underfunded pension and other post-employment benefit liabilities.
January 7, 2020

Huntsman Corp. has completed the previously announced sale of its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Indorama Ventures for approximately $2 billion.


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Lone Star Funds to Acquire BASF’s Construction Chemicals Business

With more than 7,000 employees, BASF’s Construction Chemicals business operates production sites and sales offices in more than 60 countries.
December 31, 2019
BASF and an affiliate of Lone Star, a global private equity firm, recently signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business.
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ALTANA Acquires Overprint Varnish Specialist Schmid Rhyner

Schmid Rhyner reportedly generated sales of roughly €50 million (approximately $55.6 million) in 2018, with around 80 employees.
December 26, 2019
ALTANA recently announced it is acquiring Switzerland-based Schmid Rhyner AG, thereby strategically expanding its ACTEGA division.
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Pilot Chemical Acquires Órgano Síntesis

Pilot Chemical reports that the acquisition will expand its business into the Mexican market, as well as South and Central America, and provides growth opportunities for the company’s existing surfactants and antimicrobial businesses.
December 10, 2019
Pilot Chemical Corp. recently announced it has purchased Órgano Síntesis S.A. de C.V. (OSSA), which is located in Toluca, Mexico.
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