Eastman M&A Summary
Eastman has acquired 13 companies, including 2 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 4 assets.
Eastman’s largest acquisition to date was in 2012, when it acquired Solutia for $4.8B. It’s largest disclosed sale occurred in 2021, when it sold Eastman Chemical Co. - Adhesive Resins Business to Synthomer for $1.0B. Eastman has acquired in 7 different US states, and 5 countries. The Company’s most targeted sectors include chemicals (50%) and apparel/textiles (9%).
M&A Summary
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M&A Total Activity16
- M&A Buy Activity12
- M&A Sell Activity4
- Total Sectors Invested 7
- Total Countries Invested 5
- M&A Buy/Sell Connections 11