Mergers/Acquisitions

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Sika has closed the acquisition of Chema, a leading producer of tile setting-materials in Peru with operations throughout the whole country. 

The INX Group Limited, a wholly owned subsidiary of Sakata INX, has completed the acquisition of Coatings & Adhesives Corp., a company that is participating in the coatings industry in North America.

In adding new spherical powders to its product mix, Momentive anticipates growth opportunities within the EV market and other markets facing significant power electronics performance challenges.

Specialty chemicals company LANXESS recently signed a contract to sell its Urethane Systems business to Japanese UBE Corp. 

APPLIED Adhesives, a custom adhesive solutions provider headquartered in Minnetonka, Minnesota, recently announced that it has completed its acquisition of AutomationSupply365.

ATP adhesive systems AG (ATP), a leader in solvent-free adhesive technologies, announced the acquisition of NESCHEN Coating GmbH. 

Covestro has signed an investment agreement with certain entities of the UAE’s state-owned oil company, ADNOC Group. 

The acquisition complements its specialist MMA-based product offering and provides a platform that enhances its ability to deliver innovative solutions that facilitate lightweighting and the bonding of dissimilar materials.

PPG announced that it has reached a definitive agreement to sell its silicas products business for approximately $310 million in pre-tax proceeds.