The Urethane Blog

Q2 M&A Transactions

Chemical Deal Results

Seller Buyer Business Date
Post Capital Dubois Chemical (The Jordan Company) BHS Specialty Chemical (manufacturer and distributor of food safety and water treatment solutions) 2nd Quarter 2017
Celanese/Blackstone Blackstone/Celanese JV of acetate tow businesses (Celanese 70%, Blackstone 30%) – $1,300s combine 2nd Quarter 2017
PolyOne Arsenal Capital Designer Structures & Solutions (plastic sheet) – $115v 2nd Quarter 2017
Resin Technology Emeraude International distribution of PVC and related materials 2nd Quarter 2017
MFG Chemical Platte River Equity surfactants, polymers and specialty chemicals 2nd Quarter 2017
California Medical Innovations Polytek latex, plastisols (PVCs) and thermoplastic elastomers 2nd Quarter 2017
Applied Poleramic Kaneka formulated advance resins for the aerospace industry – $15v 2nd Quarter 2017
Topsoe Umicore automotive and stationary DeNOx operations – $135v + earnout 2nd Quarter 2017
Pidilite USA Highlander Partners Cyclo Industries (performance, maintenance and appearance products used in the automotive, heavy duty/fleet, industrial, and agricultural and marine markets) 2nd Quarter 2017
MidOcean Partners Firmenich Agilex Fragrances 2nd Quarter 2017
Seller Buyer Business Date
Praxair/Linde Linde/Praxair merger of industrial gas companies – $29,000s combined 2nd Quarter 2017
Takada Pharmaceutical/Nihon Pharmaceutical Fujifilm Wako Pure Chemical (lab chemicals, diagnostic reagents and fine chemicals used in the life sciences and electronics industries) – $1,300v 2nd Quarter 2017
Adama Agricultural Solutions (ChemChina) AMVAC 3 generic crop protection product lines 2nd Quarter 2017
Ricerca Biosciences Olon contract research, development and manufacturing of APIs and performance materials 2nd Quarter 2017
The Riverside Company PolyOne Rutland Group (screen printing inks and materials 2nd Quarter 2017
Graco Supply Royal Adhesives & Sealants Ball Ground aircraft sealant repackaging business 2nd Quarter 2017
BASF Microtek Laboratories Micronal phase-change materials 2nd Quarter 2017
BioBased Technologies Cargill vegetable-based polyols 2nd Quarter 2017
PowderPure IFF clean-label food ingredients 2nd Quarter 2017
Puritan Products Avantor Performance Materials high-purity chemicals for the pharmaceutical, biopharmaceutical, semiconductor and laboratory markets 2nd Quarter 2017
Seller Buyer Business Date
VWR New Mountain Capital (Avantor) product, supply chain, and service solutions to laboratory and production customers – $6,400v 2nd Quarter 2017
Huntsman/Clariant Clariant/Huntsman merger of the 2 companies – $13,200s combined 2nd Quarter 2017
Bossco Industries IMCD specialty chemicals distribution – $11s 2nd Quarter 2017
CGM Arkema CMP Specialty Products (flooring and floor preparation) – $15s 2nd Quarter 2017
Tri Tex SK Capital specialty chemicals for the adhesives, coatings and sealants, surfactants and textile chemical markets 2nd Quarter 2017
DB Western SK Capital formaldehyde and derivatives 2nd Quarter 2017
East West Copolymer Lion Copolymer Services (Lion Elastomer) idled SBR plant in LA 2nd Quarter 2017
Innovative Food Processors Balchem powders and capsules for the food, beverage and nutrition markets 2nd Quarter 2017
Arsenal Capital KMG FlowChem (pipeline performance products) – $495v 2nd Quarter 2017
Air Liquide Lincoln Electric Air Liquide Welding (welding and cutting technologies) 2nd Quarter 2017
Seller Buyer Business Date
Hinduja Group Quaker Chemical Houghton International (metalworking chemicals and chemical management services) – $767s/$1,420v 2nd Quarter 2017
Gelest New Mountain Capital organosilicone compounds, metal-organic compounds, and silicone materials 2nd Quarter 2017
Valspar Axalta wood coatings – $226s/$420v 2nd Quarter 2017
Pharmachem Laboratories Ashland ingredients for nutraceuticals, flavors and fragrances and other end markets – $300s/$660v 2nd Quarter 2017
Keystone Aniline Milliken dyes, pigments, pigment dispersions and polymers 2nd Quarter 2017
Williams Nova 88.46% interest in LA olefins plant plus land and ethylene trading hub – $2,100v 2nd Quarter 2017
undisclosed Secure Energy Services Canadian division of oil production chemicals business – $22.4v 2nd Quarter 2017
FloCap Injection Services Hastings Equity specialty chemicals and capillary tubing services to oil & gas production companies 2nd Quarter 2017
BASF EP Minerals bleaching clay and mineral absorbents 2nd Quarter 2017