M&A Deal Summary |
|
|---|---|
| Date | 2016-04-25 |
| Target | The Chemours Company - Clean and Disinfect Business |
| Sector | Chemicals |
| Buyer(s) | LANXESS |
| Sellers(s) | Chemours |
| Deal Type | Divestiture |
| Deal Value | 230M USD |
| Advisor(s) | Barclays Investment Bank (Financial) Wachtell, Lipton, Rosen & Katz (Legal) |
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LANXESS is a German specialty chemicals company. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LAXNESS was founded in 1863 and is based in Cologne, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 16 |
| Sector (Chemicals) | 11 of 15 |
| Type (Divestiture) | 4 of 6 |
| State (Delaware) | 1 of 1 |
| Country (United States) | 4 of 7 |
| Year (2016) | 1 of 2 |
| Size (of disclosed) | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-19 |
Perlon-Monofil
Dormagen, Germany Perlon-Monofil GmbH manufactures a wide range of Polyamid and Polyester monofilament products for different applications sold on the world market under the brand names Perlon®, Atlas® and Bayco®. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-25 |
Chemtura
Philadelphia, Pennsylvania, United States Chemtura Corp. is a specialty chemicals company. Chemtura offers a number of products used in the transportation, energy & electronics, and agriculture sectors. Chemtura was formed in 1900 and is based in Philadelphia, Pennsylvania. |
Buy | $2.5B |
Chemours is a global provider of performance chemicals and began operating as an independent public company in 2015 after separating from E. I. du Pont de Nemours (DuPont). Chemours has three reporting segments: Titanium Technologies, Fluoroproducts and Chemical Solutions. Chemours' Titanium Technologies segment is a global producer of titanium dioxide (TiO2), a premium white pigment used to deliver whiteness, brightness, opacity and protection in a variety of applications. Chemours' Fluoroproducts segment is a global provider of fluoroproducts, such as refrigerants and industrial fluoropolymer resins. Chemours' Chemical Solutions segment is a North American provider of industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers and other industries. The Chemours was founded in 2014 and is based in Wilmington, Delaware.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector (Chemicals) | 3 of 4 |
| Type (Divestiture) | 3 of 5 |
| State (Delaware) | 1 of 3 |
| Country (United States) | 3 of 5 |
| Year (2016) | 1 of 2 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-19 |
The Chemours Company - Aniline Facility
Beaumont, Texas, United States The Chemours Company - Aniline Facility consists of an aniline plant in Beaumont, Texas. |
Sell | $140M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-14 |
The Chemours Company - Sulfur Products Business
Wilmington, Delaware, United States The Chemours Co. LLC - Sulfur Products Business is a manufacturer hundreds of compounds needed by almost every industry. Natural gas and oil contain sulfur compounds, both organic and hydrogen sulfide, both of which must be removed before they are used as fuels or chemical feedstock. |
Sell | $325M |
