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Mergers/Acquisitions
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Huntsman Completes Acquisition of CVC Thermoset Specialties

CVC Thermoset Specialties has annual revenues of approximately $115 million, with manufacturing facilities in Akron, Ohio, and Maple Shade, N.J.

May 26, 2020

Huntsman Corp. recently announced that it has completed its previously announced acquisition of CVC Thermoset Specialties, a North American specialty chemical manufacturer serving the industrial composites, adhesives, and coatings markets.

3M Completes Sale of Substantially All of Its Drug Delivery Business

The divested business has annual global sales of approximately $380 million.

May 8, 2020

3M recently announced that it has completed the sale of substantially all of its drug delivery business to an affiliate of Altaris Capital Partners, LLC, for approximately $650 million in total consideration.

Mitsubishi Chemical Aims to Bolster its Technology Platform by Acquiring Gelest

Gelest produces silicones, organosilanes, metal-organics, and specialty monomers for advanced technology end markets.

May 4, 2020

Mitsubishi Chemical Corp. recently announced that its Mitsubishi Chemical America, Inc. subsidiary has entered into a definitive agreement to acquire all of the issued and outstanding shares of Gelest Intermediate Holdings, Inc., the parent of Gelest, Inc.

Nouryon to Acquire Metal Alkyls Business from Sasol

The transaction is expected to be finalized during the second quarter, after which Nouryon will gradually move production to its site in Rotterdam.

April 8, 2020

Nouryon recently announced that it has entered into an agreement to acquire Sasol’s merchant triethyl aluminum business, including its specialty fleet of returnable cylinders.

Synthomer Completes Acquisition of OMNOVA Solutions

According to Synthomer, the acquisition enables it to become a worldwide player in water-based polymer solutions.

April 6, 2020

Synthomer recently announced that it has completed its acquisition of OMNOVA Solutions Inc.

Huntsman Expands Specialty Chemicals Portfolio with Acquisition of CVC Thermoset Specialties

Under terms of the agreement, Huntsman will pay $300 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity.

March 17, 2020

Huntsman Corp. recently announced that it has reached an agreement to acquire CVC Thermoset Specialties, which is part of Emerald Performance Materials LLC.

Worthen Industries Acquires Henkel’s Footwear Adhesives Business in Mexico

The acquisition includes a comprehensive portfolio of adhesive technologies, as well as experienced sales and technical support staff.

March 5, 2020

Worthen Industries recently announced that it has acquired Henkel’s footwear product line in Mexico.

Avery Dennison Completes Smartrac Acquisition

According to Avery Dennison, Smartrac has a proven track record for developing and commercializing effective, high-value, and high-quality RFID products.

March 4, 2020

Avery Dennison Corp. recently announced that it has completed its previously announced acquisition of Smartrac’s Transponder business for the purchase price of €225 million (approximately $248.1 million), subject to customary adjustments.

Huntsman Completes Icynene-Lapolla Acquisition

The acquisition of Icynene-Lapolla is reportedly aligned with Huntsman’s strategy of growing its downstream polyurethanes business.

February 26, 2020

Huntsman Corp. recently announced that it has completed its acquisition of Icynene-Lapolla, a North American manufacturer and distributor of spray polyurethane foam (SPF) insulation systems for residential and commercial applications.

Netzsch Acquires Malvern Panalytical Rheometer Product Lines

During the transition period, Malvern Panalytical will provide support to Netzsch so that the transition will be as smooth as possible for customers.

February 13, 2020

Netzsch recently announced that it has extended its product portfolio with the acquisition of Kinexus rotational rheometers and Rosand capillary rheometers from Malvern Panalytical Ltd.

H.B. Fuller to Open Aerospace Manufacturing Center of Excellence

DELO Reports Record Revenue for Fiscal Year

WACKER’s Polymers Division Gets New Leader

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