Mergers/Acquisitions

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Aditya Birla Group has agreed to purchase Cargill’s specialty chemicals business based in Dalton, Georgia. 

Advanced composite materials innovator Mako Advanced Materials, Henderson, Nevada, has acquired PTM&W Industries, a California-based manufacturer of composite resin systems, tooling products, adhesives, and coatings. 

The Pink Stuff is now part of the Consumer Group’s Rust-Oleum cleaners business at RPM.

Azelis has signed an agreement to acquire 100% of the distribution business of a Mumbai-based distributor of performance chemicals for the CASE markets in India.

Private equity firm Bertram Capital announced on April 15 that it has made an investment in Applied Products Inc. (APPLIED Adhesives).

Specialty chemicals company LANXESS announced that it has completed the sale of its Urethane Systems business to Japanese UBE Corp.

RPM International Inc. has signed a definitive agreement to acquire the Star Brands Group, the UK-based parent company of The Pink Stuff, for its Rust-Oleum subsidiary. 

Sika recently announced it has fully acquired HPS North America Inc., a supplier of building finishing materials located in the United States.

Sika has acquired Cromar Building Products, a supplier of roofing systems in the UK that mainly serves its customers through the distribution channel. 

As part of its portfolio optimization in the Consumer Brands business, announced in February 2022, Henkel signed an agreement to sell its Retailer Brands business in North America to an affiliate of First Quality Enterprises LLC.