Mergers/Acquisitions

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3M recently announced it has completed its acquisition, through Sumitomo 3M Ltd., of Sumitomo Electric Industries Ltd.’s 25% interest in Sumitomo 3M Ltd. for ¥90 billion (~ $865 million).

H.B. Fuller Co. recently announced it has acquired ProSpec® Construction Products, a provider of tile and stone installation products.

Royal Adhesives and Sealants Canada LTD will acquire substantially all of the assets of Chemque.

VanDeMark Chemical Inc. recently announced it has acquired Framochem Kft, a leading European-based manufacturer of phosgene products.

Emerald Performance Materials LLC has completed the sale of the company to an affiliate of private equity firm American Securities LLC.

Upon completion of the cash transaction, 3M will own 100% of Sumitomo 3M Ltd.

The combination reportedly reflects both companies’ commitment to drive sustainable growth.

Ellsworth Adhesives recently announced it has acquired New York-based distributor Wolcott-Park Inc.

PPG Industries recently announced has reached a definitive agreement to acquire Consorcio Comex S.A. de C.V. (Comex).

Kraton Performance Polymers Inc. has notified LCY Chemical Corp. that its Board of Directors intends to withdraw its recommendation that Kraton stockholders approve the previously announced combination agreement under which Kraton would combine with LCY’s styrenic block copolymer (SBC) operations.