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Lone Star Funds to Acquire BASF’s Construction Chemicals Business

With more than 7,000 employees, BASF’s Construction Chemicals business operates production sites and sales offices in more than 60 countries.

December 31, 2019

BASF and an affiliate of Lone Star, a global private equity firm, recently signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business.

ALTANA Acquires Overprint Varnish Specialist Schmid Rhyner

Schmid Rhyner reportedly generated sales of roughly €50 million (approximately $55.6 million) in 2018, with around 80 employees.

December 26, 2019

ALTANA recently announced it is acquiring Switzerland-based Schmid Rhyner AG, thereby strategically expanding its ACTEGA division.

AkzoNobel to Strengthen Position in Sub-Saharan African Market with Mauvilac Acquisition

AkzoNobel reports that the transaction includes a local production facility, four concept stores, and access to a strong distribution network.

December 24, 2019

AkzoNobel recently announced that it has entered into an agreement to acquire 100% of the shares of Mauvilac Industries Limited, a paints and coatings company in Mauritius.

3M to Divest Substantially All of Its Drug Delivery Business to Altaris Capital Partners

3M will retain its transdermal drug delivery components business.

December 23, 2019

3M recently announced that it has entered into an agreement to sell substantially all of its drug delivery business to an affiliate of Altaris Capital Partners, LLC.

Huntsman to Expand Spray Polyurethane Foam Insulation Downstream Footprint with Icynene-Lapolla Acquisition

Icynene-Lapolla has annual revenues of approximately $230 million, with manufacturing facilities in Houston, Texas, and Mississauga, Ontario.

December 12, 2019

Huntsman Corp. recently announced its agreement to acquire Icynene-Lapolla, a North American manufacturer and distributor of spray polyurethane foam (SPF) insulation systems for residential and commercial applications.

Pilot Chemical Acquires Órgano Síntesis

Pilot Chemical reports that the acquisition will expand its business into the Mexican market, as well as South and Central America, and provides growth opportunities for the company’s existing surfactants and antimicrobial businesses.

December 10, 2019

Pilot Chemical Corp. recently announced it has purchased Órgano Síntesis S.A. de C.V. (OSSA), which is located in Toluca, Mexico.

Sika Acquires Romania-Based Adeplast

Adeplast reportedly generates annual sales of CHF 120 million (~ $121.3 million) with a workforce of 460 employees.

December 6, 2019

Sika recently announced that it has agreed to acquire Adeplast SA, a manufacturer of mortars and thermal insulation solutions based in Romania.

Avery Dennison to Acquire Smartrac’s RFID Inlay Business

Headquartered in Amsterdam, Smartrac has manufacturing facilities in Germany, Malaysia, China, and the U.S.

December 2, 2019

Avery Dennison Corp. recently announced a definitive agreement to acquire Smartrac’s Transponder (RFID Inlay) division for the purchase price of €225 million (approximately $248 million), subject to certain closing and post-closing adjustments.

AkzoNobel Finalizes Mapaero Acquisition to Strengthen Aerospace Coatings Business

AkzoNobel reports that the deal will strengthen its global position in aerospace coatings, notably in the structural and cabin coating sub-segments.

November 18, 2019

Akzo Nobel N.V. recently announced that it has completed its acquisition of French aerospace coatings manufacturer Mapaero, which was first announced in July.

Chromaflo Acquires Rolfes Colour Pigments International, Simultaneously Sells Pigment Trading Division to Chemipol

Chromaflo reports that Chemipol, a raw material supplier to the South African market, is ideally placed to serve the pigment trading customers.

November 12, 2019

Chromaflo Technologies Corp. recently announced its acquisition of Rolfes Colour Pigments International (RCPI) of South Africa, including the liquid dispersion and pigment trading businesses.

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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