Mergers/Acquisitions

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With operations in North America and Europe, Thermopatch will become part of Avery Dennison's Solutions Group. 

Phoseon is a designer and manufacturer of LED-based industrial curing and scientific illumination solutions that deliver field-proven reliability and enable efficiency gains for a wide range of global customers.

Huntsman Corp. announced that it has secured all regulatory approvals required to complete the sale of its textile effects division to Archroma.

Univar Solutions Inc. announced it has acquired an ingredients and specialty chemicals distributor operating in Costa Rica, Guatemala, El Salvador, Panama, and Honduras.

Yokogawa Electric Corp. announced the acquisition of a U.S.-based startup that provides real-time analytics solutions to polymer and biopharmaceutical companies worldwide.

MO SCI Corp., a provider of advanced high-tech glass development and manufacturing, announced it has acquired the assets of 3M’s advanced materials business (previously known as 3M Ceradyne).

The manufacturer is expected to report 2022 sales of approximately $140 million, and the acquisition will bring Stahl’s annual sales beyond the €1 billion mark, with an EBITDA margin above 20%.

RHD Polymer and Chemical LLC, established in 2002, is a privately held company based in Louisville, Kentucky, serving the elastomer and plastics industries with specialty elastomers and additives.

The manufacturer, Witte, is based in Tornesch, Germany, with offices in the United States and China. Witte is a specialized manufacturer of gear pumps and associated spare parts and services for the chemical, plastic and polymer processing, food and beverage, and pharmaceutical industries. 

AkzoNobel has completed the acquisition of the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH, a deal that strengthens the company’s performance coatings portfolio.