Company News

January 10, 2022

Q4 Chemical M&A

Chemical Deal Results

SellerBuyerBusinessDate
Jarchem Innovative IngredientsVertellusspecialty ingredients and nature-based products4th Quarter 2021
Advanced Research ChemicalsInhance Technologies (Aurora Capital)high purity specialty chemicals and materials4th Quarter 2021
Industrial Chemicals, Inc.Colinial Chemical Solutionsindustrial chemicals and services including repackaging, storage, custom blending, contract storage and packaging, and chemical logistical support.4th Quarter 2021
Dyvex GroupThe Protech Groupplastic compounds for flavor, fragrance and odor control products4th Quarter 2021
WörwagPPGcoatings for industrial and automotive applications -€220s4th Quarter 2021
BASFClariantmanufacturing site in Quincy, Florida and the associated attapulgite business – $36s/$60v4th Quarter 2021
BridgestoneEndeavor Unitedchemical solutions business – $500s4th Quarter 2021
GCP Applied TechnologiesSaint-Gobainacquisition of whole company (concrete additives and barriers to control water, air and vapor diffusion) -$903s/$2,300v4th Quarter 2021
CMC Materials (formerly Cabot Microelectronics)Entegrisacquisition of whole company (materails primarily for the semiconductor industry) – $1,200s/$6,500v4th Quarter 2021
CrodaCargillBio-based Industrial Chemicals – $1,030v4th Quarter 2021
SellerBuyerBusinessDate
RoscomGeonPVC compounding4th Quarter 2021
Spray-TekAurora Capitalspray drying and ingredient processing solutions, principally serving the food and beverage, personal and home care, and pharmaceutical and nutraceutical end markets4th Quarter 2021
VerdiaSeal For Life (Arsenal Capital)polymeric floor coatings4th Quarter 2021
MascoatSeal For Life (Arsenal Capital)thermal insulation coatings, anti-condensation, and sound damping coatings4th Quarter 2021
Evans Chemetics (Bruno Bock)Reagens USAthioesters4th Quarter 2021
Georgia-PacificBakelite Syntheticsphenolic resins4th Quarter 2021
SK CapitalPolyventive (Arsenal Capital)surfactants and dyes & pigments businesses of Tri-TexCo Inc and Trichromatic-West, Inc4th Quarter 2021
MateriaExxonMobilthermoset resins4th Quarter 2021
Bird Song AdhesivesApplied Adhesives (Arsenal Capital)adhesives4th Quarter 2021
IntaromeThe Riverside Companyfragrances4th Quarter 2021
SellerBuyerBusinessDate
American SealantsMeridian Adhesives (Arsenal Capital)product assembly adhesives and sealants4th Quarter 2021
Arsenal/HIGHIG/Arsenalmerger 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 CorporationOne Equity Partnerspurification solutions business (Norit Activated Carbon) – $257s/$11v4th Quarter 2021
Johnson MattheyFenzi Holdings (Arsenal Capital)Advanced Glass Technologies (glass enamels and precious metal pastes supplied mainly to the automotive sector)4th Quarter 2021
HexionWestlakeepoxy business – $1,500s/$1,200v4th Quarter 2021
Custome EssenceGivaudanfragrances – $40s4th Quarter 2021
Goldman SachsAdvent InternationalCaldic (life science and specialty chemical distribution) $1,100s4th Quarter 2021
BASFKaMin (IMin Partners)kaolin minerals4th Quarter 2021
Lone Star FundsSikaMBCC (construction chemicals) – €2,700s/€5,200v4th Quarter 2021
BASFEntegrisPrecision Microchemicals (high-purity materials, including cleaning chemistries and chemical mechanical planarization slurries)4th Quarter 2021
SellerBuyerBusinessDate
PuroliteEcolabion exchange resins – $400s/$3,700v4th Quarter 2021
RM Lucas CompanyArtemis Capitalcoatings, sealants and adhesives4th Quarter 2021
Troy CorporationArxada (Bain Capital & Cinven)microbial control solutions used in paints & coatings, wood protection and preservation, home and personal care, plastics and textiles, energy and metalworking fluids4th Quarter 2021
AvCarb Material SolutionsArsenal Capitalengineered carbon-based materials for critical electrochemical, friction, and thermal applications4th Quarter 2021
Rogers CorporationDuPontacquisition of whole company (electronic materials) – $913s/$5,200v4th Quarter 2021
EastmanSynthomeradhesive resins – $484s/$1,000v4th Quarter 2021
J. Meyer & SonsChroma Colorcustom and proprietary colour concentrates and masterbatches for the medical and pharmaceutical markets.4th Quarter 2021
Cypress Performance GroupMillikenEncapsys (microencapsulation solutions)4th Quarter 2021
Edgewater CapitalSynalloyDanchem (specialty chemicals contract manufacturing) – $30s/$33v4th Quarter 2021
ADQApplied Adhesives (Arsenal Capital)adhesives and associated dispensing equipment4th Quarter 2021
SellerBuyerBusinessDate
Epoxytec InternationalTnemecepoxies, protective and structural-grade coatings and linings.4th Quarter 2021
DecoArtMPE Partnersmanufacture of paints and finishes used in arts, crafts, and home decorating applications4th Quarter 2021
Lynx Thermoset CoatingsThe Protech Groupthermoset powder coatings4th Quarter 2021
Baze ChemicalVerdant (OpenGate Capital)ethoxylated chemicals for oil and gas production, mining and water treatment4th Quarter 2021
American ChemicalApplied Adhesives (Arsenal Capital)adhesives and sealants4th Quarter 2021
PMC Capital PartnersEpsilyte (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

SellerBuyerBusinessDate
Jarchem Innovative IngredientsVertellusspecialty ingredients and nature-based products4th Quarter 2021
Advanced Research ChemicalsInhance Technologies (Aurora Capital)high purity specialty chemicals and materials4th Quarter 2021
Industrial Chemicals, Inc.Colinial Chemical Solutionsindustrial chemicals and services including repackaging, storage, custom blending, contract storage and packaging, and chemical logistical support.4th Quarter 2021
Dyvex GroupThe Protech Groupplastic compounds for flavor, fragrance and odor control products4th Quarter 2021
WörwagPPGcoatings for industrial and automotive applications -€220s4th Quarter 2021
BASFClariantmanufacturing site in Quincy, Florida and the associated attapulgite business – $36s/$60v4th Quarter 2021
BridgestoneEndeavor Unitedchemical solutions business – $500s4th Quarter 2021
GCP Applied TechnologiesSaint-Gobainacquisition of whole company (concrete additives and barriers to control water, air and vapor diffusion) -$903s/$2,300v4th Quarter 2021
CMC Materials (formerly Cabot Microelectronics)Entegrisacquisition of whole company (materails primarily for the semiconductor industry) – $1,200s/$6,500v4th Quarter 2021
CrodaCargillBio-based Industrial Chemicals – $1,030v4th Quarter 2021
SellerBuyerBusinessDate
RoscomGeonPVC compounding4th Quarter 2021
Spray-TekAurora Capitalspray drying and ingredient processing solutions, principally serving the food and beverage, personal and home care, and pharmaceutical and nutraceutical end markets4th Quarter 2021
VerdiaSeal For Life (Arsenal Capital)polymeric floor coatings4th Quarter 2021
MascoatSeal For Life (Arsenal Capital)thermal insulation coatings, anti-condensation, and sound damping coatings4th Quarter 2021
Evans Chemetics (Bruno Bock)Reagens USAthioesters4th Quarter 2021
Georgia-PacificBakelite Syntheticsphenolic resins4th Quarter 2021
SK CapitalPolyventive (Arsenal Capital)surfactants and dyes & pigments businesses of Tri-TexCo Inc and Trichromatic-West, Inc4th Quarter 2021
MateriaExxonMobilthermoset resins4th Quarter 2021
Bird Song AdhesivesApplied Adhesives (Arsenal Capital)adhesives4th Quarter 2021
IntaromeThe Riverside Companyfragrances4th Quarter 2021
SellerBuyerBusinessDate
American SealantsMeridian Adhesives (Arsenal Capital)product assembly adhesives and sealants4th Quarter 2021
Arsenal/HIGHIG/Arsenalmerger 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 CorporationOne Equity Partnerspurification solutions business (Norit Activated Carbon) – $257s/$11v4th Quarter 2021
Johnson MattheyFenzi Holdings (Arsenal Capital)Advanced Glass Technologies (glass enamels and precious metal pastes supplied mainly to the automotive sector)4th Quarter 2021
HexionWestlakeepoxy business – $1,500s/$1,200v4th Quarter 2021
Custome EssenceGivaudanfragrances – $40s4th Quarter 2021
Goldman SachsAdvent InternationalCaldic (life science and specialty chemical distribution) $1,100s4th Quarter 2021
BASFKaMin (IMin Partners)kaolin minerals4th Quarter 2021
Lone Star FundsSikaMBCC (construction chemicals) – €2,700s/€5,200v4th Quarter 2021
BASFEntegrisPrecision Microchemicals (high-purity materials, including cleaning chemistries and chemical mechanical planarization slurries)4th Quarter 2021
SellerBuyerBusinessDate
PuroliteEcolabion exchange resins – $400s/$3,700v4th Quarter 2021
RM Lucas CompanyArtemis Capitalcoatings, sealants and adhesives4th Quarter 2021
Troy CorporationArxada (Bain Capital & Cinven)microbial control solutions used in paints & coatings, wood protection and preservation, home and personal care, plastics and textiles, energy and metalworking fluids4th Quarter 2021
AvCarb Material SolutionsArsenal Capitalengineered carbon-based materials for critical electrochemical, friction, and thermal applications4th Quarter 2021
Rogers CorporationDuPontacquisition of whole company (electronic materials) – $913s/$5,200v4th Quarter 2021
EastmanSynthomeradhesive resins – $484s/$1,000v4th Quarter 2021
J. Meyer & SonsChroma Colorcustom and proprietary colour concentrates and masterbatches for the medical and pharmaceutical markets.4th Quarter 2021
Cypress Performance GroupMillikenEncapsys (microencapsulation solutions)4th Quarter 2021
Edgewater CapitalSynalloyDanchem (specialty chemicals contract manufacturing) – $30s/$33v4th Quarter 2021
ADQApplied Adhesives (Arsenal Capital)adhesives and associated dispensing equipment4th Quarter 2021
SellerBuyerBusinessDate
Epoxytec InternationalTnemecepoxies, protective and structural-grade coatings and linings.4th Quarter 2021
DecoArtMPE Partnersmanufacture of paints and finishes used in arts, crafts, and home decorating applications4th Quarter 2021
Lynx Thermoset CoatingsThe Protech Groupthermoset powder coatings4th Quarter 2021
Baze ChemicalVerdant (OpenGate Capital)ethoxylated chemicals for oil and gas production, mining and water treatment4th Quarter 2021
American ChemicalApplied Adhesives (Arsenal Capital)adhesives and sealants4th Quarter 2021
PMC Capital PartnersEpsilyte (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

January 6, 2022

Wanhua PPG Expansion Project

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/