Cross Border M&A Deals in Chemicals
M&A transactions
Cross border m&a is the core business of Corporate Finance in Europe. Chemical m&a opportunities occur in the unification of the European market. When selling a business it makes most sense to look for buyers in the broader area of Europe instead of only in your own country. We are monitoring the chemical market continuously and we see various cross border m&a deals which are of importance for the shape of the industry. In this section we show some recent m&a deals which could affect your strategic plans. The latest deals also have some comments included.
If you already are convinced of the concept of cross border M&A don’t hesitate to contact us by email or phone and ask for our chemical presentation.
2010 Cross Border M&A Deal in Chemicals
The m&a transaction is in line with Weir's strategy to grow its global capability, to expand its emerging market footprint and strengthen its aftermarket presence. The addition of the Linatex's brand and products are complementary to Weir's existing offering in minerals processing. It also provides Weir significant potential for expansion in the Canadian oil sands market through newly developed Linatex equipment. The transaction was completed on 17 September 2010.
|
Acquirer |
|
The Weir Group PLC |
|
Country Acquirer |
|
United Kindom |
|
Target |
|
Linatex Consolidated Holdings Limited |
|
Country target |
|
Malaysia |
|
Purchase price |
|
200m $ |
|
Industry |
|
Rubber Manufacturing |
2010 M&A transaction in Chemicals
Due to the M&A deal Illinois Tool Works will be able to expand its European operations in countries like Italy, France and Portugal. The 3i Group plc, a private equity firm, has sold it’s 75% stake in Panreac Quimica S.A.U. The acquisition was completed on 14 September 2010.
|
Acquirer |
|
Illinois Tool Works, Inc. |
|
Country Acquirer |
|
United States |
|
Target |
|
Panreac Quimica S.A.U. |
|
Country target |
|
Spain |
|
Purchase price |
|
72m $ for 75% stake |
|
Industry |
|
Chemicals – manufacturing, supplier |
2010
|
Acquirer |
|
KP Chemical |
|
Country Acquirer |
|
United Kingdom |
|
Target |
|
Artenius |
|
Country target |
|
Korea |
|
Purchase price |
|
Not disclosed |
|
Industry |
|
Chemical product manufacturing |
2010
|
Acquirer |
|
Solutia |
|
Country Acquirer |
|
United States |
|
Target |
|
Etimex Solar |
|
Country target |
|
Germany |
|
Purchase price |
|
240m € |
|
Industry |
|
specialty chemicals |
2010
|
Acquirer |
|
Brenntag |
|
Country Acquirer |
|
Germany |
|
Target |
|
Metausel |
|
Country target |
|
France |
|
Purchase price |
|
Not disclosed |
|
Industry |
|
Chemical distribution |
2009
|
Acquirer |
|
Celanese |
|
Country Acquirer |
|
United States |
|
Target |
|
FACT GmbH |
|
Country target |
|
Germany |
|
Purchase price |
|
Not disclosed |
|
Industry |
|
thermoplastics |
2009
|
Acquirer |
|
AkzoNobel |
|
Country Acquirer |
|
Netherlands |
|
Target |
|
LII Europe |
|
Country target |
|
Germany |
|
Purchase price |
|
Not disclosed |
|
Industry |
|
Industrial chemicals |
2008
|
Acquirer |
|
Brenntag |
|
Country Acquirer |
|
Germany |
|
Target |
|
Aromaster, Ltd. |
|
Country target |
|
Turkey |
|
Purchase price |
|
Not disclosed |
|
Industry |
|
Specialty chemical distribution |
2006
|
Acquirer |
|
International Chemical Investors Group (ICIG) |
|
Country Acquirer |
|
Germany |
|
Target |
|
Cambrex Cork Limited |
|
Country target |
|
Ireland |
|
Purchase price |
|
Not disclosed |
|
Industry |
|
Fine chemicals (pharma) |
2006
|
Acquirer |
|
SABIC |
|
Country Acquirer |
|
Saudi Arabia |
|
Target |
|
Huntsman Petrochemicals (UK) Ltd |
|
Country target |
|
United Kingdom |
|
Purchase price |
|
685m $ |
|
Industry |
|
base chemicals and polymers |
2005
|
Acquirer |
|
Borden Chemical |
|
Country Acquirer |
|
USA |
|
Target |
|
Bakelite AG |
|
Country target |
|
Germany |
|
Purchase price |
|
Not disclosed |
|
Industry |
|
thermoset and high performance resins |
