Mergers/Acquisitions
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Synthomer Receives European Commission Clearance for OMNOVA Acquisition

In order to proceed with its acquisition of OMNOVA, Synthomer will divest its vinyl pyridine (VP) latex business in Germany.

January 20, 2020

Synthomer plc recently announced that it has received conditional clearance from the European Commission regarding its proposed acquisition of OMNOVA Solutions Inc.

AJ Adhesives and Mid-America Packaging Expand to East Coast with Acquisition of Evco Industries

Through this acquisition, AJ and MAP report that they will be able to provide customers continued products and services that currently fill their needs, as well as additional offerings that may fill some gaps.

January 17, 2020

Sister companies AJ Adhesives and Mid-America Packaging (MAP) recently announced the acquisition of Holmes, Pa.-based Evco Industries.

Gabriel Performance Products Acquires Alkyd Resins Portfolio from Deltech Resins

According to Gabriel, the acquired products are highly complementary to its current offering of alkyd resins.

January 15, 2020

Gabriel Performance Products recently announced its acquisition of a select portfolio of alkyd resins from Deltech Resins Co., including the remainder of Deltech’s alkyd resin product line.

Seal For Life Completes Four Acquisitions, Names Oravitz CEO

With these acquisitions, Seal For Life reports that it has broadened its portfolio of protective coating technologies, expanded its range of applications, and significantly grown its presence in North America.

January 10, 2020

Seal For Life recently announced that it has completed the acquisitions of Flame Control Coatings, Highland International, LifeLast, and US Coatings.

Chemours Sells Methylamines Business Unit to Belle Chemical

Chemours’ methylamines business reportedly supplies methylamines products such as MMA, TMA, and DMA to partners in various industries.

January 8, 2020

The Chemours Co. recently announced that it has sold its methylamines business unit to Belle Chemical Co., an affiliate of Cornerstone Chemical Co.

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.

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.

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.

AkzoNobel to Strengthen Position in Sub-Saharan African Market with Mauvilac Acquisition

AkzoNobel reports that the transaction includes a local production facility, four concept stores, and access to a strong distribution network.

December 24, 2019

AkzoNobel recently announced that it has entered into an agreement to acquire 100% of the shares of Mauvilac Industries Limited, a paints and coatings company in Mauritius.

3M to Divest Substantially All of Its Drug Delivery Business to Altaris Capital Partners

3M will retain its transdermal drug delivery components business.

December 23, 2019

3M recently announced that it has entered into an agreement to sell substantially all of its drug delivery business to an affiliate of Altaris Capital Partners, LLC.

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Mergers/Acquisitions
RSS

Synthomer Receives European Commission Clearance for OMNOVA Acquisition

AJ Adhesives and Mid-America Packaging Expand to East Coast with Acquisition of Evco Industries

Gabriel Performance Products Acquires Alkyd Resins Portfolio from Deltech Resins

Seal For Life Completes Four Acquisitions, Names Oravitz CEO

Chemours Sells Methylamines Business Unit to Belle Chemical

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

Lone Star Funds to Acquire BASF’s Construction Chemicals Business

ALTANA Acquires Overprint Varnish Specialist Schmid Rhyner

AkzoNobel to Strengthen Position in Sub-Saharan African Market with Mauvilac Acquisition

3M to Divest Substantially All of Its Drug Delivery Business to Altaris Capital Partners

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