M&A Deal Summary

Draslovka Acquires Sasol - Sodium Cyanide Business

On July 12, 2021, Draslovka acquired chemicals company Sasol - Sodium Cyanide Business from Sasol

Acquisition Highlights
  • This is Draslovka’s 1st transaction in the Chemicals sector.
  • This is Draslovka’s 1st transaction in South Africa.

M&A Deal Summary
Date 2021-07-12
Target Sasol - Sodium Cyanide Business
Sector Chemicals
Buyer(s) Draslovka
Sellers(s) Sasol
Deal Type Divestiture

Target

Sasol - Sodium Cyanide Business

Sandton, South Africa
Sasol's Sodium Cyanide Business is a Czech-based company specializing in cyanide production. Sasol's Sodium Cyanide Business is based in Sandton, South Africa.

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Buyer(S) 1

Buyer

Draslovka

Kolín, Czech Republic

website

Category Company
Sector Chemicals
DESCRIPTION

Draslovka engages in cyanide-based chemical specialties and agricultural chemicals including next-generation fumigants and biocides. Draslovka has more than 100 years of experience in hydrogen cyanide (HCN) production and HCN chemistry and specializes in the production of fully synthetic and highly purified liquid HCN, which undergoes further processing for application in a variety of downstream products ranging from the mining through to agriculture sectors. Draslovka is based in Kolín, Czech Republic.

DEAL STATS #
Overall 1 of 4
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 2
Country (South Africa) 1 of 2
Year (2021) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-26 The Chemours Company - Mining Solutions Business

Wilmington, Delaware, United States

Chemours Mining Solutions Business offers on-site unloading services to reduce handling time. Chemours is committed to sodium cyanide safety, recognizing the critical importance of handling protocols to protect employees.

Buy $520M

Seller(S) 1

SELLER

Sasol

Johannesburg, South Africa

website

Category Company
Founded 1950
Sector Chemicals
Employees28,279
Revenue 275.7B ZAR (2022)
DESCRIPTION

Sasol is an international integrated chemicals and energy company that leverages technologies and expertise. Sasol Ltd. develops and commercialize technologies, and build and operate world-scale facilities to produce a range of high-value product stream, including liquid fuels, chemicals, and low-carbon electricity. Sasol was founded in 1950 and is based in Johannesburg, South Africa.

DEAL STATS #
Overall 2 of 2
Sector (Chemicals) 2 of 2
Type (Divestiture) 2 of 2
Country (South Africa) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Sasol - Marlotherm Business

Germany

Sasol Ltd. - Marlotherm Business heat-transfer fluids are designed for indirect cooling and heating of production, conversion processes, and energy recovery and ensure dependable operation in the temperature range from -90°C to 360°C.

Sell -
Mergr

Product

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