M&A Deal Summary |
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|---|---|
| Date | 2016-11-01 |
| Target | Deutek SA |
| Sector | Chemicals |
| Buyer(s) | PPG |
| Sellers(s) | Axxess Capital |
| Deal Type | Add-on Acquisition |
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PPG manufactures and distributes a broad range of coatings, specialty materials and glass products. The Company is comprised of three reportable business segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings and Industrial Coatings reportable segments supply coatings and specialty materials for customers in a wide array of end-use markets, including industrial equipment, appliances and packaging; factory-finished aluminum extrusions and steel and aluminum coils; marine and aircraft equipment; automotive original equipment; and other industrial and consumer products. The Industrial Coatings reportable segment is comprised of the automotive OEM, industrial coatings, packaging coatings, and specialty coatings and materials businesses. PPG's Glass segment is a producer of flat glass in North America and a producer of fiber glass in North America and Europe, as well as Asia through a partnership with Nan Ya Plastics Corp to serve the electronics industries. PPG was formed in 1883 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 29 of 44 |
| Sector (Chemicals) | 23 of 35 |
| Type (Add-on Acquisition) | 22 of 35 |
| Country (Romania) | 1 of 1 |
| Year (2016) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-21 |
PPG - Flat Glass & Glass Coatings Operations
Pittsburgh, Pennsylvania, United States PPG manufacturing and glass coatings operations, including production sites located in Fresno, California; Salem, Oregon; Carlisle, Pennsylvania; and Wichita Falls, Texas; four distribution/fabrication facilities located across Canada; and a research-and-development center located in Harmar, Pennsylvania, near Pittsburgh. PPG’s flat glass business includes approximately 1,200 employees. The business manufactures glass that is fabricated into products used primarily in commercial and residential construction. |
Sell | $750M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-20 |
Futian Xinshi
China Futian Xinshi is an automotive refinish coatings company. Futian distributes its products in China through a network of more than 200 distributors. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 250M EUR |
| Size | Middle-Market |
| Type | Sector Agnostic |
Axxess Capital is an Eastern European private equity manager focused on investing in Romania and Bulgaria. Axxess looks to commit €5 to €15 million per transaction and targets investments in industry-leading, growth-oriented companies with positive cash-flows. Broad areas of interest include business services, consumer services, and consumer products. Axxess Capital was formed in 1995 and is based in Bucharest, Romania.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 11 |
| Sector (Chemicals) | 2 of 2 |
| Type (Add-on Acquisition) | 6 of 6 |
| Country (Romania) | 8 of 9 |
| Year (2016) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-14 |
Noriel
Bucharest, Romania Noriel is the toys and games distributor and cardboard games producer in Romania that recently entered into specialized toys and games retail. Noriel was founded in 1993 and is based in Bucharest, Romania. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-01 |
Bitdefender
Bucharest, Romania Bitdefender is a security technology company that provides cutting-edge end-to-end cyber security solutions and advanced threat protection to more than 500 million users in more than 150 countries. The Company offers an extensive portfolio of award-winning security solutions for both consumers and corporate users, recognized for their superior protection capabilities by amongst others Gartner, Frost&Sullivan and AV-Comparatives. Bitdefender was formed in 2001 and is based in Bucharest, Romania. |
Sell | - |
