Mergers/Acquisitions
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ALTANA Enters Software as a Service Domain with Acquisition of Office Color Science

OCS reportedly provides computer color matching and formulation software with the ability to match colors containing metallic and pearlescent pigments.

October 3, 2019

ALTANA recently announced that it has acquired the international business of Office Color Science Co., Ltd. (OCS), headquartered in Yokohama, Japan.

Maroon Group Extends North American Footprint with Acquisition of Cambrian Solutions

Established in 1995, Cambrian Solutions offers a portfolio of specialty ingredients and chemicals to customers in a variety of markets.

September 26, 2019

Maroon Group LLC recently announced that it has acquired Cambrian Solutions Inc., a distributor of specialty ingredients and chemicals based in Oakville, Ontario, Canada.

Sika to Acquire China-Based Silicone Sealants and Adhesives Manufacturer Crevo-Hengxin

Crevo-Hengxin is a family-owned manufacturer of a broad range of silicone products used for solar energy, facades, fenestration, insulated glass, interior finishing, and other sealing and bonding applications.

September 10, 2019

Sika recently announced that it has agreed to acquire Crevo-Hengxin, a Chinese manufacturer of silicone sealants and adhesives used in both industry and construction applications.

Ashland Completes Sale of Composites Business and Butanediol Facility to INEOS

Net proceeds from the sale are approximately $930 million.

September 9, 2019

Ashland Global Holdings Inc. recently announced that it has completed the previously announced sale of its Composites business (excluding the Maleic business) and butanediol manufacturing facility in Marl, Germany, to INEOS Enterprises in a transaction valued at $1.015 billion.

DIC to Acquire BASF’s Global Pigments Business

DIC reports that its acquisition of BASF Colors & Effects will broaden its portfolio as a global manufacturer of pigments, including those for electronic displays, cosmetics, coatings, plastics, inks, and specialty applications.

September 3, 2019

DIC Corp. recently announced that it has entered into a definitive agreement to acquire BASF’s global pigments business, known as BASF Colors & Effects (BCE).

Meridian Adhesives Group Acquires Epoxies, Etc.

Based in Cranston, R.I., Epoxies, Etc. offers products that are used in the electronic, electrical, construction, and decorative industries.

August 27, 2019

Meridian Adhesives Group recently announced its acquisition of Epoxies, Etc., a resin formulator of epoxies, urethanes, and silicones.

Dow to Sell Acetone Derivatives Business to Altivia

The divestiture includes production assets located in Institute, W.Va., in addition to the site infrastructure, land, and utilities.

August 21, 2019

Dow recently announced that it has reached an agreement for the divestiture of its Acetone Derivatives business to Altivia Ketones & Additives, LLC, an affiliate of Altivia, a privately held producer of chemicals headquartered in Houston, Texas.

Ashland Receives Remaining Regulatory Approvals Related to the Sale of its Composites Business and Butanediol Facility

The companies continue to expect a closing in the late summer of 2019.

August 20, 2019

Ashland Global Holdings Inc. recently announced that it has received the remaining regulatory approvals needed to close the previously announced sale of certain assets of Ashland’s Composites business and butanediol facility in Marl, Germany, to INEOS Enterprises Holdings Limited.

Evonik Closes Sale of Methacrylates Business, Hits FTC Roadblock on PeroxyChem Acquisition

Evonik has closed the sale of its Methacrylates business to Advent International, but the Federal Trade Commission will seek to block its proposed acquisition of PeroxyChem.

August 19, 2019

Evonik recently announced that it has closed the sale of its Methacrylates business to Advent International for €3 billion (approximately $3.3 billion).

Duralar Acquired by AGM Container Controls

Both AGM and Duralar are currently headquartered in Tucson, Ariz.; Duralar will be relocated into the AGM headquarters facility by the end of the year.

August 15, 2019

AGM Container Controls, Inc. recently announced its acquisition of Duralar Technologies, a manufacturer of advanced ultra-hard metal coatings and coating systems.

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Mergers/Acquisitions
RSS

ALTANA Enters Software as a Service Domain with Acquisition of Office Color Science

Maroon Group Extends North American Footprint with Acquisition of Cambrian Solutions

Sika to Acquire China-Based Silicone Sealants and Adhesives Manufacturer Crevo-Hengxin

Ashland Completes Sale of Composites Business and Butanediol Facility to INEOS

DIC to Acquire BASF’s Global Pigments Business

Meridian Adhesives Group Acquires Epoxies, Etc.

Dow to Sell Acetone Derivatives Business to Altivia

Ashland Receives Remaining Regulatory Approvals Related to the Sale of its Composites Business and Butanediol Facility

Evonik Closes Sale of Methacrylates Business, Hits FTC Roadblock on PeroxyChem Acquisition

Duralar Acquired by AGM Container Controls

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