Mergers/Acquisitions

M&A Corner

Adhesives and Sealants M&A: Reaching Cruising Altitude

The level of merger and acquisition activity in 2021 has by almost any measure exceeded expectations.

December 17, 2021

According to data from S&P, year-to-date global M&A transaction volume through the third quarter of 2021 was up 34% compared to the first nine months of 2020 and 14% over the same period in 2019. The average reported transaction value in 2021 is 29% higher than in 2020 and up 19% over 2019. What is driving this activity? Well, it’s a few things.

Meridian Adhesives Group Acquires Tri-Tex Adhesives Division

The Tri-Tex adhesives business will join Meridian’s Industrial Packaging Division.

December 16, 2021

Meridian Adhesives Group recently announced its acquisition of the adhesives division of Canada-based Tri-Tex Co. Inc.

Kraton Stockholders Approve Acquisition by DL Chemical

Kevin M. Fogarty, Kraton’s president and CEO, reported that stockholders voted overwhelmingly for the merger.

December 13, 2021

Kraton Corp. recently announced that its stockholders have approved the proposed acquisition of Kraton by DL Chemical Co., Ltd.

ACTEGA Completes Production Transfer of Former Henkel Closure Materials Products

The closure materials are now produced on ACTEGA compounding machines according to the original formulations.

November 24, 2021

ACTEGA recently announced that, following its acquisition of the closure materials business from Henkel in May 2021, the transfer of production from Henkel in France to ACTEGA DS in Bremen, Germany, has been successfully completed.

Sika to Acquire MBCC Group for $6 Billion

Headquartered in Mannheim, Germany, MBCC Group is active in the field of construction systems and admixture systems.

November 18, 2021

Sika recently announced that it has signed a definitive agreement to acquire MBCC Group, the former BASF Construction Chemicals, from an affiliate of Lone Star Funds.

Eastman to Sell Adhesives Resins Business to Synthomer

The sale consists of hydrocarbon resins, pure monomer resins, polyolefin polymers, rosins and dispersions, and oleochemical and fatty-acid based resins product lines.

November 9, 2021

Eastman Chemical Co. recently announced that it and certain of its subsidiaries have entered into a definitive agreement to sell its adhesives resins assets and business to Synthomer plc for a total cash consideration of $1 billion.

Arxada and Troy Announce Merger

Arxada will benefit from Troy’s technical expertise, customer relationships, and portfolio of performance products as well as a long history of innovation.

November 4, 2021

Arxada and Troy Corp. recently announced that they have entered into an agreement to combine the two companies.

Fortis Acquires Quality Tape and Label

October 21, 2021

QTL specializes in providing digital shrink sleeves, flexible packaging, and pressure-sensitive labels to the craft beer, nutraceutical, food, and health and beauty end markets.