Company News
January 10, 2022
Q4 Chemical M&A
Chemical Deal Results
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Jarchem Innovative Ingredients | Vertellus | specialty ingredients and nature-based products | 4th Quarter 2021 |
| Advanced Research Chemicals | Inhance Technologies (Aurora Capital) | high purity specialty chemicals and materials | 4th Quarter 2021 |
| Industrial Chemicals, Inc. | Colinial Chemical Solutions | industrial chemicals and services including repackaging, storage, custom blending, contract storage and packaging, and chemical logistical support. | 4th Quarter 2021 |
| Dyvex Group | The Protech Group | plastic compounds for flavor, fragrance and odor control products | 4th Quarter 2021 |
| Wörwag | PPG | coatings for industrial and automotive applications -€220s | 4th Quarter 2021 |
| BASF | Clariant | manufacturing site in Quincy, Florida and the associated attapulgite business – $36s/$60v | 4th Quarter 2021 |
| Bridgestone | Endeavor United | chemical solutions business – $500s | 4th Quarter 2021 |
| GCP Applied Technologies | Saint-Gobain | acquisition of whole company (concrete additives and barriers to control water, air and vapor diffusion) -$903s/$2,300v | 4th Quarter 2021 |
| CMC Materials (formerly Cabot Microelectronics) | Entegris | acquisition of whole company (materails primarily for the semiconductor industry) – $1,200s/$6,500v | 4th Quarter 2021 |
| Croda | Cargill | Bio-based Industrial Chemicals – $1,030v | 4th Quarter 2021 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Roscom | Geon | PVC compounding | 4th Quarter 2021 |
| Spray-Tek | Aurora Capital | spray drying and ingredient processing solutions, principally serving the food and beverage, personal and home care, and pharmaceutical and nutraceutical end markets | 4th Quarter 2021 |
| Verdia | Seal For Life (Arsenal Capital) | polymeric floor coatings | 4th Quarter 2021 |
| Mascoat | Seal For Life (Arsenal Capital) | thermal insulation coatings, anti-condensation, and sound damping coatings | 4th Quarter 2021 |
| Evans Chemetics (Bruno Bock) | Reagens USA | thioesters | 4th Quarter 2021 |
| Georgia-Pacific | Bakelite Synthetics | phenolic resins | 4th Quarter 2021 |
| SK Capital | Polyventive (Arsenal Capital) | surfactants and dyes & pigments businesses of Tri-TexCo Inc and Trichromatic-West, Inc | 4th Quarter 2021 |
| Materia | ExxonMobil | thermoset resins | 4th Quarter 2021 |
| Bird Song Adhesives | Applied Adhesives (Arsenal Capital) | adhesives | 4th Quarter 2021 |
| Intarome | The Riverside Company | fragrances | 4th Quarter 2021 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| American Sealants | Meridian Adhesives (Arsenal Capital) | product assembly adhesives and sealants | 4th Quarter 2021 |
| Arsenal/HIG | HIG/Arsenal | merger of USALCO (aluminum-based chemicals used in water and wastewater treatment and in refineries) and G2O Technologies (chemicals used in the potable, industrial, and wastewater treatment sectors) | 4th Quarter 2021 |
| Cabot Corporation | One Equity Partners | purification solutions business (Norit Activated Carbon) – $257s/$11v | 4th Quarter 2021 |
| Johnson Matthey | Fenzi Holdings (Arsenal Capital) | Advanced Glass Technologies (glass enamels and precious metal pastes supplied mainly to the automotive sector) | 4th Quarter 2021 |
| Hexion | Westlake | epoxy business – $1,500s/$1,200v | 4th Quarter 2021 |
| Custome Essence | Givaudan | fragrances – $40s | 4th Quarter 2021 |
| Goldman Sachs | Advent International | Caldic (life science and specialty chemical distribution) $1,100s | 4th Quarter 2021 |
| BASF | KaMin (IMin Partners) | kaolin minerals | 4th Quarter 2021 |
| Lone Star Funds | Sika | MBCC (construction chemicals) – €2,700s/€5,200v | 4th Quarter 2021 |
| BASF | Entegris | Precision Microchemicals (high-purity materials, including cleaning chemistries and chemical mechanical planarization slurries) | 4th Quarter 2021 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Purolite | Ecolab | ion exchange resins – $400s/$3,700v | 4th Quarter 2021 |
| RM Lucas Company | Artemis Capital | coatings, sealants and adhesives | 4th Quarter 2021 |
| Troy Corporation | Arxada (Bain Capital & Cinven) | microbial control solutions used in paints & coatings, wood protection and preservation, home and personal care, plastics and textiles, energy and metalworking fluids | 4th Quarter 2021 |
| AvCarb Material Solutions | Arsenal Capital | engineered carbon-based materials for critical electrochemical, friction, and thermal applications | 4th Quarter 2021 |
| Rogers Corporation | DuPont | acquisition of whole company (electronic materials) – $913s/$5,200v | 4th Quarter 2021 |
| Eastman | Synthomer | adhesive resins – $484s/$1,000v | 4th Quarter 2021 |
| J. Meyer & Sons | Chroma Color | custom and proprietary colour concentrates and masterbatches for the medical and pharmaceutical markets. | 4th Quarter 2021 |
| Cypress Performance Group | Milliken | Encapsys (microencapsulation solutions) | 4th Quarter 2021 |
| Edgewater Capital | Synalloy | Danchem (specialty chemicals contract manufacturing) – $30s/$33v | 4th Quarter 2021 |
| ADQ | Applied Adhesives (Arsenal Capital) | adhesives and associated dispensing equipment | 4th Quarter 2021 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Epoxytec International | Tnemec | epoxies, protective and structural-grade coatings and linings. | 4th Quarter 2021 |
| DecoArt | MPE Partners | manufacture of paints and finishes used in arts, crafts, and home decorating applications | 4th Quarter 2021 |
| Lynx Thermoset Coatings | The Protech Group | thermoset powder coatings | 4th Quarter 2021 |
| Baze Chemical | Verdant (OpenGate Capital) | ethoxylated chemicals for oil and gas production, mining and water treatment | 4th Quarter 2021 |
| American Chemical | Applied Adhesives (Arsenal Capital) | adhesives and sealants | 4th Quarter 2021 |
| PMC Capital Partners | Epsilyte (Balmoral Funds) | StyroChem Canada (expandable polystyrene) | 4th Quarter 2021 |
http://www.chemicaldeals.com/Results.aspx?searchtext=&quarter=4th+Quarter+2021
January 10, 2022
Q4 Chemical M&A
Chemical Deal Results
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Jarchem Innovative Ingredients | Vertellus | specialty ingredients and nature-based products | 4th Quarter 2021 |
| Advanced Research Chemicals | Inhance Technologies (Aurora Capital) | high purity specialty chemicals and materials | 4th Quarter 2021 |
| Industrial Chemicals, Inc. | Colinial Chemical Solutions | industrial chemicals and services including repackaging, storage, custom blending, contract storage and packaging, and chemical logistical support. | 4th Quarter 2021 |
| Dyvex Group | The Protech Group | plastic compounds for flavor, fragrance and odor control products | 4th Quarter 2021 |
| Wörwag | PPG | coatings for industrial and automotive applications -€220s | 4th Quarter 2021 |
| BASF | Clariant | manufacturing site in Quincy, Florida and the associated attapulgite business – $36s/$60v | 4th Quarter 2021 |
| Bridgestone | Endeavor United | chemical solutions business – $500s | 4th Quarter 2021 |
| GCP Applied Technologies | Saint-Gobain | acquisition of whole company (concrete additives and barriers to control water, air and vapor diffusion) -$903s/$2,300v | 4th Quarter 2021 |
| CMC Materials (formerly Cabot Microelectronics) | Entegris | acquisition of whole company (materails primarily for the semiconductor industry) – $1,200s/$6,500v | 4th Quarter 2021 |
| Croda | Cargill | Bio-based Industrial Chemicals – $1,030v | 4th Quarter 2021 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Roscom | Geon | PVC compounding | 4th Quarter 2021 |
| Spray-Tek | Aurora Capital | spray drying and ingredient processing solutions, principally serving the food and beverage, personal and home care, and pharmaceutical and nutraceutical end markets | 4th Quarter 2021 |
| Verdia | Seal For Life (Arsenal Capital) | polymeric floor coatings | 4th Quarter 2021 |
| Mascoat | Seal For Life (Arsenal Capital) | thermal insulation coatings, anti-condensation, and sound damping coatings | 4th Quarter 2021 |
| Evans Chemetics (Bruno Bock) | Reagens USA | thioesters | 4th Quarter 2021 |
| Georgia-Pacific | Bakelite Synthetics | phenolic resins | 4th Quarter 2021 |
| SK Capital | Polyventive (Arsenal Capital) | surfactants and dyes & pigments businesses of Tri-TexCo Inc and Trichromatic-West, Inc | 4th Quarter 2021 |
| Materia | ExxonMobil | thermoset resins | 4th Quarter 2021 |
| Bird Song Adhesives | Applied Adhesives (Arsenal Capital) | adhesives | 4th Quarter 2021 |
| Intarome | The Riverside Company | fragrances | 4th Quarter 2021 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| American Sealants | Meridian Adhesives (Arsenal Capital) | product assembly adhesives and sealants | 4th Quarter 2021 |
| Arsenal/HIG | HIG/Arsenal | merger of USALCO (aluminum-based chemicals used in water and wastewater treatment and in refineries) and G2O Technologies (chemicals used in the potable, industrial, and wastewater treatment sectors) | 4th Quarter 2021 |
| Cabot Corporation | One Equity Partners | purification solutions business (Norit Activated Carbon) – $257s/$11v | 4th Quarter 2021 |
| Johnson Matthey | Fenzi Holdings (Arsenal Capital) | Advanced Glass Technologies (glass enamels and precious metal pastes supplied mainly to the automotive sector) | 4th Quarter 2021 |
| Hexion | Westlake | epoxy business – $1,500s/$1,200v | 4th Quarter 2021 |
| Custome Essence | Givaudan | fragrances – $40s | 4th Quarter 2021 |
| Goldman Sachs | Advent International | Caldic (life science and specialty chemical distribution) $1,100s | 4th Quarter 2021 |
| BASF | KaMin (IMin Partners) | kaolin minerals | 4th Quarter 2021 |
| Lone Star Funds | Sika | MBCC (construction chemicals) – €2,700s/€5,200v | 4th Quarter 2021 |
| BASF | Entegris | Precision Microchemicals (high-purity materials, including cleaning chemistries and chemical mechanical planarization slurries) | 4th Quarter 2021 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Purolite | Ecolab | ion exchange resins – $400s/$3,700v | 4th Quarter 2021 |
| RM Lucas Company | Artemis Capital | coatings, sealants and adhesives | 4th Quarter 2021 |
| Troy Corporation | Arxada (Bain Capital & Cinven) | microbial control solutions used in paints & coatings, wood protection and preservation, home and personal care, plastics and textiles, energy and metalworking fluids | 4th Quarter 2021 |
| AvCarb Material Solutions | Arsenal Capital | engineered carbon-based materials for critical electrochemical, friction, and thermal applications | 4th Quarter 2021 |
| Rogers Corporation | DuPont | acquisition of whole company (electronic materials) – $913s/$5,200v | 4th Quarter 2021 |
| Eastman | Synthomer | adhesive resins – $484s/$1,000v | 4th Quarter 2021 |
| J. Meyer & Sons | Chroma Color | custom and proprietary colour concentrates and masterbatches for the medical and pharmaceutical markets. | 4th Quarter 2021 |
| Cypress Performance Group | Milliken | Encapsys (microencapsulation solutions) | 4th Quarter 2021 |
| Edgewater Capital | Synalloy | Danchem (specialty chemicals contract manufacturing) – $30s/$33v | 4th Quarter 2021 |
| ADQ | Applied Adhesives (Arsenal Capital) | adhesives and associated dispensing equipment | 4th Quarter 2021 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Epoxytec International | Tnemec | epoxies, protective and structural-grade coatings and linings. | 4th Quarter 2021 |
| DecoArt | MPE Partners | manufacture of paints and finishes used in arts, crafts, and home decorating applications | 4th Quarter 2021 |
| Lynx Thermoset Coatings | The Protech Group | thermoset powder coatings | 4th Quarter 2021 |
| Baze Chemical | Verdant (OpenGate Capital) | ethoxylated chemicals for oil and gas production, mining and water treatment | 4th Quarter 2021 |
| American Chemical | Applied Adhesives (Arsenal Capital) | adhesives and sealants | 4th Quarter 2021 |
| PMC Capital Partners | Epsilyte (Balmoral Funds) | StyroChem Canada (expandable polystyrene) | 4th Quarter 2021 |
http://www.chemicaldeals.com/Results.aspx?searchtext=&quarter=4th+Quarter+2021
January 6, 2022
Wanhua PPG Expansion Project

Read more here: http://www.pudaily.com/News/NewsView.aspx?nid=102168
January 6, 2022
Wanhua PPG Expansion Project

Read more here: http://www.pudaily.com/News/NewsView.aspx?nid=102168
January 6, 2022
Van Horn & Metz Acquires Ivanhoe Industries (Tullytown PA)
FOR IMMEDIATE RELEASE
Conshohocken, PA (December 27, 2021) Van Horn, Metz & Co., Inc.,
(VHM) a globally-sourced, specialty raw material distributor for paints,
coatings, plastics and inks, is pleased to announce the acquisition of
Ivanhoe Industries, Inc. of Tullytown, PA, a distributor of industrial
chemicals for personal care, rubber, elastomers and lubricants.
Discussions began in June 2021 and the agreement was finalized
December 23, 2021.
“Van Horn, Metz engaged in discussions with Ivanhoe Industries to
offer customers a more complete palate of specialty raw materials,” said
Barry Fisher, President of VHM. “In our uncertain times, adding
Ivanhoe’s sourcing contacts strengthens the merged business for
customers and our supply chain partners.”
This acquisition highlights VHM’s understanding that manufacturing
relies on raw materials, but sourcing materials is time-consuming and
challenging. With VHM and Ivanhoe Industries, customers will get the
specialty raw materials they need to create innovative products that will
help grow their business.
“We are excited about the combination of these two organizations and
look forward to maintaining and growing the relationships that both
have built,” said Andy Romano, VP & Director of Sales. “We look forward
to maintaining and improving products and services customers are
accustomed to with Ivanhoe Industries as they become part of VHM.”
Ivanhoe Industries, Inc. Overview:
Ivanhoe Industries, Inc. is a distributor of industrial chemicals. The
company was founded in 1983. Since its inception, the company
dedicated itself to serving its broad customer base, while simultaneously
developing strategic partnerships with its suppliers. The products that
we sell are made both domestically and overseas. We take a global
approach when it comes to product sourcing and have the logistical
know-how that is needed to ensure that every interaction with Ivanhoe
Industries is one that is easy and seamlessly executed. Our main
warehouse and office is located in an industrial park in Tullytown,
Pennsylvania just outside of Philadelphia. We are strategically
positioned to handle both domestic and international cargo shipments,
and to coordinate all the logistical details.
https://www.vanhornmetz.com/vhm-acquisition/