M&A Deal Summary |
|
|---|---|
| Date | 2007-01-01 |
| Target | Acetate Products |
| Sector | Chemicals |
| Buyer(s) | Celanese |
| Deal Type | Add-on Acquisition |
| Deal Value | 119M USD |
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Celanese is a global technology and specialty materials company. Celanese is one of the largest producers of acetyl products for nearly all major industries, as well as a global producer of high performance engineered polymers that are used in a variety of high-value applications. The Company's product portfolio serves a diverse set of end-use applications including paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filtration applications, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications. Celanese was incorporated in 1918 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 17 |
| Sector (Chemicals) | 3 of 11 |
| Type (Add-on Acquisition) | 3 of 8 |
| Country (United Kingdom) | 1 of 2 |
| Year (2007) | 1 of 1 |
| Size (of disclosed) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-07-20 |
Acetex
Vancouver, British Columbia, Canada Acetex Corp. is a developer of acetyls as well as specialty polymers and films. |
Buy | $492M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-03-01 |
OXEA
Oberhausen, Germany OXEA GmbH is a global producer of oxo chemicals and its derivatives. |
Sell | - |
