M&A Deal Summary

Clariant AG Acquires BASF - Attapulgite Business

On December 28, 2021, Clariant AG acquired chemicals company BASF - Attapulgite Business from BASF for 60M USD

Acquisition Highlights
  • This is Clariant AG’s 6th transaction in the Chemicals sector.
  • This is Clariant AG’s 3rd largest (disclosed) transaction.
  • This is Clariant AG’s 4th transaction in the United States.

M&A Deal Summary

Date 2021-12-28
Target BASF - Attapulgite Business
Sector Chemicals
Buyer(s) Clariant AG
Sellers(s) BASF
Deal Type Divestiture
Deal Value 60M USD

Target

BASF - Attapulgite Business

United States
BASF's Attapulgite Business is an attapulgite miners and producers in North America, with mining operations in Georgia and Florida and processing operations in Quincy, Florida. The business produces attapulgite-based products for a wide range of applications and end markets.

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Buyer(S) 1

Buyer

Clariant AG

Muttenz, Switzerland

website


Category Company
Founded 1995
Sector Chemicals
DESCRIPTION

Clariant AG is a specialty chemicals company. Clariant offers chemicals such as adsorbents, biocides, industrial ingredients, and detergents, as well as chemicals and dyes for textiles, leather, and paper. Clariant also manufacturers de-icing agents and fire retardants.


DEAL STATS #
Overall 9 of 10
Sector (Chemicals) 6 of 7
Type (Divestiture) 1 of 2
Country (United States) 4 of 4
Year (2021) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-14 Clariant Pigments

Muttenz, Switzerland

Clariant Pigments is a global provider of organic pigments, pigment preparations, and dyes, operating 13 global production sites.

Sell Fr.805M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-27 Clariant - NORAM Land Oil Business

Muttenz, Switzerland

Clariant's NORAM Land Oil Business provides chemical technologies and services to the North American oil and gas industry.

Sell -

Seller(S) 1

SELLER

BASF

Ludwigshafen, Germany

website


Category Company
Founded 1865
Sector Chemicals
Employees107,646
DESCRIPTION
Entrance to BASF's office in Florham Park, New Jersey.
Entrance to BASF's office in Florham Park, New Jersey.

BASF is a global producer of chemicals. BASF looks to combine economic success with environmental protection and social responsibility. BASF was founded in 1865 and is based in Ludwigshafen, Germany.


DEAL STATS #
Overall 25 of 26
Sector (Chemicals) 18 of 19
Type (Divestiture) 23 of 24
Country (United States) 7 of 7
Year (2021) 2 of 2
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-27 BASF SE - Precision Microchemicals Business

Ludwigshafen, Germany

BASF’s Precision Microchemicals Business develops, manufactures, and markets high purity materials, including cleaning chemistries and Chemical Mechanical Planarization (CMP) slurries used in the machining and surface conditioning of electronic materials.

Sell $90M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-31 IQatalyst

De Meern, Netherlands

IQatalyst is a catalysts manufacturer that offers innovative proprietary products and catalyst solutions for the oleochemical industry as well as the (petro-)chemical industry. IQatalyst is based in De Meern, Netherlands.

Sell -