Huntsman - M&A Summary and Business Overview

ChemicalsCompany

Huntsman M&A Summary

Huntsman has acquired 16 companies, including 3 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 6 assets.

Huntsman’s largest acquisition to date was in 1999, when it acquired Huntsman s European Chemicals and Polymers Business for $2.6B. It’s largest disclosed sale occurred in 2019, when it sold Huntsman - Integrated Oxides & Derivatives Business to Indorama Ventures Public for $2.1B. Huntsman has acquired in 5 different US states, and 9 countries. The Company’s most targeted sectors include chemicals (75%) and financial services (7%).

Huntsman Business Overview

Where is Huntsman headquartered?

Huntsman is headquartered in The Woodlands, Texas.

What is Huntsman’s revenue?

Huntsman disclosed revenue of 8,453M USD for 2021 and 6,018M USD for 2020.

How many employees does Huntsman have?

Huntsman has 9,000 employees.

What sector is Huntsman in?

Huntsman is a chemicals company.

When was Huntsman founded?

Huntsman was founded in 1970 .

M&A Summary

  • M&A Total Activity22
    • M&A Buy Activity16
    • M&A Sell Activity6
  • Total Sectors Invested 5
  • Total Countries Invested 9
  • M&A Buy/Sell Connections 15
  • M&A Advisors 2

Huntsman

Huntsman Corp.

10003 Woodloch Forest Drive,
The Woodlands, Texas 77380
United States,
(281) 719-6000
www.huntsman.com

Huntsman is a global manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company's products comprise a broad range of chemicals and formulations which are marketed globally to a diversified group of consumer and industrial customers. Huntsman's products are used in a wide range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging, paints and coatings, power generation, refining, synthetic fiber, textile chemicals and dye industries. Huntsman was founded in 1970 and is based in The Woodlands, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 14 2 - - - - 16
vol $4.7B $550M $5.2B
Sell (0.6/yr) # 3 2 - 1 - - 6
vol $3.1B $285M $3.4B
  22

Most Recent M&A

Company Date Value Type
Huntsman Corp. - Textile Effects Division 2022-08-09 - Divestiture
The Woodlands, Texas
Gabriel Performance Products LLC 2020-12-07 250M USD Secondary Buyout
Ashtabula, Ohio · www.gabepro.com
Huntsman Corp. - DIY Consumer Adhesives Business 2020-10-28 285M USD Divestiture
, India
Venator Materials Plc 2020-08-28 - Stake Sale
Stockton-on-Tees, United Kingdom · www.venatorcorp.com
CVC Thermoset Specialties, Inc. 2020-03-16 300M USD Divestiture
Moorestown, New Jersey · www.cvcthermoset.com
Icynene-Lapolla 2019-12-05 350M USD Add-on Acquisition
Houston, Texas · www.icynene-lapolla.com
Huntsman Corp. - Integrated Oxides & Derivatives Business 2019-08-07 2.1B USD Divestiture
The Woodlands, Texas
Demilec, Inc. 2018-03-13 350M USD Add-on Acquisition
Boisbriand, Quebec · www.demilec.com
IFS Chemicals Ltd. 2017-05-01 - Add-on Acquisition
King's Lynn, United Kingdom · www.ifs-group.com
Huntsman Corp. - European Personal Care and Home Care Business 2016-08-03 225M USD Divestiture
, Belgium
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Chemicals 12 (75%) 5.2B (99%) 5 (83%) 3.4B (100%)
Apparel/Textiles 1 (6%) 47M (1%) 1 (17%) -
Building Materials 1 (6%) - - -
Financial Services 1 (6%) - - -
Machinery 1 (6%) - - -
Total 16 $5.2B 6 $3.4B

By Geo

State/Country Buy Value Sell Value
United States 6 2.2B 2 2.1B
  Texas 2 350M 2 2.1B
  Ohio 1 250M - -
  New Jersey 1 300M - -
  Utah 1 - - -
United Kingdom 2 2.6B 2 826M
India 2 47M 1 285M
Belgium - - 1 225M
Canada 1 350M - -
  Quebec 1 350M - -
Germany 1 - - -
Italy 1 - - -
Japan 1 - - -
Luxembourg 1 - - -
Turkey 1 - - -
Domestic 6 (38%) 2.2B (42%) 2 (33%) 2.1B (61%)
Cross-border 10 (63%) 3.0B (58%) 4 (67%) 1.3B (39%)
Total 16 $5.2B 6 $3.4B

Top M&A Advisors

Financial Deals
BofA Securities
2
Legal Deals
Kirkland & Ellis
1

Deal Values

buy # Total
> $1B 2 $3.9B
$100M to $1B 4 $1.3B
< $100M 1 $47M
TOTAL $5.2B
Largest Huntsman's European Chemicals and Polymers Business
$2.6B (1999-05-04)
sell # Total
> $1B 1 $2.1B
$100M to $1B 3 $1.3B
TOTAL $3.4B
Largest Huntsman Corp. - Integrated Oxides & Derivatives Business
$2.1B (2019-08-07)

M&A Connections

Deals
Acquired from
Investor(s)
25%
4 (25%)
Strategic(s)
31%
5 (31%)
Divested to
Investor(s)
17%
1 (17%)
Strategic(s)
67%
4 (67%)

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