M&A Deal Summary

Huntsman Acquires EMA Kimya Sistemleri Sanayi ve Ticaret A.S.

On December 30, 2011, Huntsman acquired chemicals company EMA Kimya Sistemleri Sanayi ve Ticaret A.S.

Acquisition Highlights
  • This is Huntsman’s 5th transaction in the Chemicals sector.
  • This is Huntsman’s 1st transaction in Turkey.

M&A Deal Summary

Date 2011-12-30
Target EMA Kimya Sistemleri Sanayi ve Ticaret A.S.
Sector Chemicals
Buyer(s) Huntsman
Deal Type Add-on Acquisition

Target

EMA Kimya Sistemleri Sanayi ve Ticaret A.S.

Istanbul, Turkey
website
EMA Kimya Sistemleri Sanayi ve Ticaret A.S. systems house has the capacity to manufacture polyester polyols and blend MDI polyurethane systems used primarily in the insulation, automotive, adhesives, coatings, elastomers and furniture industries.

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Buyer(S) 1

Buyer

Huntsman

The Woodlands, Texas, United States

website


Category Company
Founded 1970
Sector Chemicals
Employees9,000
Revenue 8.5B USD (2021)
DESCRIPTION
Entrance to Huntsman's corporate headquarters in The Woodlands, Texas.
Entrance to Huntsman's corporate headquarters in The Woodlands, Texas.

Huntsman is a global manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company's products comprise a broad range of chemicals and formulations which are marketed globally to a diversified group of consumer and industrial customers. Huntsman's products are used in a wide range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging, paints and coatings, power generation, refining, synthetic fiber, textile chemicals and dye industries. Huntsman was founded in 1970 and is based in The Woodlands, Texas.


DEAL STATS #
Overall 7 of 16
Sector (Chemicals) 5 of 12
Type (Add-on Acquisition) 3 of 8
Country (Turkey) 1 of 1
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-02 Laffans Petrochemicals - Chemicals Business

Mumbai, India

Laffans Petrochemicals - Chemicals Business manufacturer’s 60kt ethylene oxide derivatives facility in Ankleshwar, Gujarat. The purpose-built plant produces specialty intermediates for use in agrochemicals, household and personal care products, oil and gas applications and automotive lubricants and brake fluids.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-14 Nippon Aqua

Tokyo, Japan

Nippon Aqua Co., Ltd. is a spray polyurethane foam (SPF) insulation company with business operations in over 30 locations across the country.

Buy -