Mergers/Acquisitions

RSS

AkzoNobel recently announced it has reached an agreement to sell its 75.81% shareholding in ICI Pakistan Ltd. to the Yunus Brothers Group for $152.5 million.

Clariant recently announced it has signed an agreement to acquire the remaining 40% share of a joint venture between the holding company Alvigo AS, based in Tallin/Estonia, and Süd-Chemie AG, in the meantime acquired by Clariant AG.

Mondi Group, an international paper and packaging company, has agreed to acquire 93.4% of the outstanding share capital of Nordenia International AG.

Bostik recently announced it has acquired Usina Fortaleza, a manufacturer of tiling adhesives for the construction industry in Brazil.

Applied Products and Ward Adhesives are both distributors of specialty adhesives and technology for the packaging, industrial, and printing industries.

BASF and ITWC Inc. recently announced BASF’s acquisition of ITWC, based in Malcom, IA.

Huntsman Corp. recently announced it has acquired the remaining ownership of Russian joint venture Huntsman NMG (HNMG), giving it full ownership of the company.

RPM International Inc. recently announced that it has acquired Viapol Ltda., a leading Brazilian manufacturer and marketer of building materials and construction products.

AkzoNobel has completed the restructuring of its activities in Pakistan by formally establishing AkzoNobel Pakistan Ltd. as a separate legal entity from ICI Pakistan.