Investment Summary

Exits OMNOVA Solutions

On September 17, 1999, invested in chemicals company OMNOVA Solutions from Aerojet Rocketdyne

Investment Highlights
  • This is transaction in the Chemicals sector.
  • This is transaction in the United States.
  • This is transaction in Ohio.
Investment Fate
  • OMNOVA Solutions was sold to a strategic buyer in 2019 for 473M USD.

Investment Summary

Date 1999-09-17
Target OMNOVA Solutions
Sector Chemicals
Sellers(s) Aerojet Rocketdyne
Deal Type Spin Off

Target

OMNOVA Solutions

Beachwood, Ohio, United States
OMNOVA Solutions' corporate headquarters in Fairlawn, Ohio.
OMNOVA Solutions' corporate headquarters in Fairlawn, Ohio.
OMNOVA Solutions, Inc. is a manufacturer of emulsion polymers and specialty chemicals. OMNOVA was formed in 1999 and is based in Fairlawn, Ohio. OMNOVA Solutions was founded in 1999 and is based in Beachwood, Ohio.

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Seller(S) 1

SELLER

Aerojet Rocketdyne

El Segundo, California, United States

Category Company
Founded 1915
Sector Aerospace
Employees4,814
Revenue 2.2B USD (2021)
DESCRIPTION

Aerojet Rocketdyne is a technology-based manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the entitlement, sale and leasing of the Company's excess real estate assets. Aerojet Rocketdyne was formed in 1915 and is based in Rancho Cordova, California.


DEAL STATS #
Overall 1 of 2
Sector (Chemicals) 1 of 2
Type (Spin Off) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 2
Year (1999) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-05-08 Printworld

Monroe, North Carolina, United States

Printworld is widely respected for innovative design and technical achievement in transfer printing. In addition to its extensive line of paper laminates for the furniture and building product industries, Printworld utilizes a unique printing process for natural and synthetic fabrics used in the apparel and home furnishing industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-13 AFC

Rancho Cordova, California, United States

AFC is a manufacturer of active pharmaceutical ingredients and registered intermediates for commercial customers in the pharmaceutical industry.

Sell $119M