Dow - M&A Summary and Business Overview

ChemicalsCompany

Dow M&A Summary

Dow has acquired 10 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 17 assets.

Dow’s largest acquisition to date was in 2008, when it acquired Rohm and Haas for $15.3B. It’s largest disclosed sale occurred in 2010, when it sold Trinseo to Bain Capital Private Equity for $1.6B. Dow has acquired in 2 different US states, and 5 countries. The Company’s most targeted sectors include chemicals (90%) and environmental (10%).

Dow Business Overview

Where is Dow headquartered?

Dow is headquartered in Midland, Michigan.

What is Dow’s revenue?

Dow disclosed revenue of 44,622M USD for 2023 and 56,902M USD for 2022.

How many employees does Dow have?

Dow has 37,800 employees.

What sector is Dow in?

Dow is a chemicals company.

When was Dow founded?

Dow was founded in 2018.

M&A Summary

  • M&A Total Activity27
    • M&A Buy Activity10
    • M&A Sell Activity17
  • Total Sectors Invested 2
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 20
  • M&A Advisors 6

Dow

Dow, Inc.

2211 H.H. Dow Way,
Midland, Michigan 48674
United States,
(989) 636-1000
www.dow.com

Dow produces specialty chemicals, advanced materials, agrosciences, and plastics and delivers a range of technology-based products and solutions to customers in sectors that include packaging, electronics, water, coatings, and agriculture. Dow was founded in 2018 and is based in Midland, Michigan.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 9 - - - - 1 10
vol $25.3B $25.3B
Sell (0.2/yr) # 16 1 - - - - 17
vol $4.4B $4.4B
  27

Most Recent M&A

Company Date Value Type
Circulus Holdings PBLLC 2024-06-20 - Add-on Acquisition
Houston, Texas · www.circulus.com
The Dow Chemical Co. - Rail Assets 2020-07-06 - Divestiture
, Michigan
The Dow Chemical Co. - Acetone Derivatives Business 2019-08-13 - Divestiture
Midland, Michigan
SAFECHEM Europe GmbH 2017-01-09 - Divestiture
Duesseldorf, Germany · www.safechem.com
Dow Chemical - Global Specialty Films Business 2016-06-01 - Divestiture
Midland, Michigan
MEGlobal B.V. 2015-12-23 - Divestiture
Dubai, United Arab Emirates · www.meglobal.biz
The Chemours Company - Aniline Facility 2015-11-19 140M USD Divestiture
Beaumont, Texas
AgroFresh Solutions, Inc. 2015-08-03 810M USD Divestiture
Philadelphia, Pennsylvania · www.agrofresh.com
Univation Technologies, LLC. 2015-05-06 - Stake Purchase
Houston, Texas · www.univation.com
Dow Chemical - Sodium Borohydride (“SBH”) 2015-02-02 190M USD Divestiture
, United States
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Dow AgroSciences LLC    - Vikane and ProFume businesses 2015-07-06 1
Indianapolis, Indiana · www.dowagro.com Indianapolis, Indiana
Union Carbide Corp. 1999-08-30 UOP LLC 2005-12-01 1
Houston, Texas · www.unioncarbide.com Des Plaines, Illinois · www.uop.com

M&A by Sector

Sector Buy # Value Sell # Value
Chemicals 9 (90%) 25.3B (100%) 13 (76%) 2.7B (63%)
Environmental 1 (10%) - - -
Building Materials - - 1 (6%) -
Manufacturing - - 1 (6%) -
Plastics - - 1 (6%) 1.6B (37%)
Transportation - - 1 (6%) -
Total 10 $25.3B 17 $4.4B

By Geo

State/Country Buy Value Sell Value
United States 6 24.7B 13 4.4B
  Texas 5 9.4B 1 -
  Michigan - - 5 24M
  Pennsylvania 1 15.3B 2 2.4B
  Illinois - - 1 1.2B
Germany 1 609M 2 -
United Kingdom 1 - 1 -
Argentina 1 - - -
Denmark 1 - - -
United Arab Emirates - - 1 -
Domestic 6 (60%) 24.7B (98%) 13 (76%) 4.4B (100%)
Cross-border 4 (40%) 609M (2%) 4 (24%) -
Total 10 $25.3B 17 $4.4B

Top M&A Advisors

Financial Deals
BofA Securities
1
Citigroup Investment Banking
1
Morgan Stanley
1
Legal Deals
Shearman & Sterling
1

Deal Values

buy # Total
> $1B 2 $24.6B
$100M to $1B 2 $749M
TOTAL $25.3B
Largest Rohm and Haas Co.
$15.3B (2008-07-10)
sell # Total
> $1B 2 $2.8B
$100M to $1B 3 $1.5B
< $100M 1 $24M
TOTAL $4.4B
Largest Trinseo PLC
$1.6B (2010-03-02)

M&A Connections

Deals
Acquired from
Investor(s)
10%
1 (10%)
Strategic(s)
20%
2 (20%)
Divested to
Investor(s)
24%
4 (24%)
Strategic(s)
65%
11 (65%)

 Subscribe to unlock this and 204,239
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 196K M&A Transactions
  • 200K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 77K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.