Johnson Matthey Mergers and Acquisitions Summary

ChemicalsCompany

Johnson Matthey has acquired 12 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 8 assets.

Johnson Matthey’s largest acquisition to date was in 2008, when it acquired Argillon for $241M. It’s largest disclosed sale occurred in 1999, when it sold Johnson Matthey - Electronic Materials Division to Allied Signal for $655M. Johnson Matthey has acquired in 4 different US states, and 5 countries. The Company’s most targeted sectors include chemicals (42%) and distribution (17%).

Join Mergr and gain access to Johnson Matthey’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the chemicals sector.

M&A Summary

  • M&A Total Activity20
    • M&A Buy Activity12
    • M&A Sell Activity8
  • Total Sectors Invested 6
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 15
  • M&A Advisors 1

Johnson Matthey

Johnson Matthey plc

25 Farringdon Street, 5th Floor,
London, EC4A 4AB
United Kingdom,
+44 20 7269 8400
www.matthey.com

Johnson Matthey is a speciality chemicals company underpinned by science, technology and our people. A leader in sustainable technologies, many of our products enhance the quality of life for millions of people around the world. Johnson Matthey was founded in 1817 and is based in London, the United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.2/yr) # 11 - - 1 - - 12
vol $521M $521M
Sell (0.8/yr) # 4 - - 2 1 1 8
vol $1.3B $500M $77M $1.9B
  20

Most Recent M&A

Company Date Value Type
Tracerco Ltd. 2023-05-03 - Divestiture
London, United Kingdom · www.tracerco.com
Johnson Matthey - Battery Materials Business 2022-05-26 77M GBP Divestiture
London, United Kingdom
Veranova 2021-12-17 500M GBP Divestiture
Wayne, Pennsylvania · www.veranova.com
Johnson Matthey - Advanced Glass Technologies Business 2021-11-24 - Divestiture
London, United Kingdom
Oxis Energy - Assets and Intellectual property 2021-07-28 - Divestiture
Oxfordshire, United Kingdom
Pharmorphix Ltd. 2015-10-01 - Divestiture
Cambridge, United Kingdom
Alfa Aesar GmbH & Co KG 2015-09-30 394M GBP Divestiture
Karlsruhe, Germany · www.alfa.com
Formox AB 2013-03-28 124M SEK Divestiture
Perstorp, Sweden · www.formox.com
Axeon Holdings Plc 2012-10-22 - Divestiture
Dundee, United Kingdom · www.axeon.com
Intercat, Inc. 2010-11-02 86M USD Add-on Acquisition
Manasquan, New Jersey · www2.intercatinc.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Chemicals 5 (42%) 220M (42%) 4 (50%) 478M (26%)
Distribution 2 (17%) 60M (12%) 1 (13%) 236M (13%)
Manufacturing 2 (17%) 241M (46%) - -
Life Science 1 (8%) - 1 (13%) 500M (27%)
Automotive 1 (8%) - - -
Electrical Equipment 1 (8%) - - -
Energy Services and Equipment - - 1 (13%) -
Semiconductors - - 1 (13%) 655M (35%)
Total 12 $521M 8 $1.9B

By Geo

State/Country Buy Value Sell Value
United Kingdom 5 60M 5 739M
United States 4 96M 1 500M
  New Jersey 1 86M - -
  Michigan 1 - - -
  Massachusetts 1 10M - -
  Pennsylvania - - 1 500M
Germany 1 241M 1 394M
Ireland 1 - - -
Spain - - 1 236M
Sweden 1 124M - -
Domestic 5 (42%) 60M (12%) 5 (63%) 739M (40%)
Cross-border 7 (58%) 461M (88%) 3 (38%) 1.1B (60%)
Total 12 $521M 8 $1.9B

Top M&A Advisors

Legal Deals
Herbert Smith Freehills
1

Deal Values

buy # Total
$100M to $1B 2 $365M
< $100M 4 $156M
TOTAL $521M
Largest Argillon GmbH
$241M (2008-02-06)
sell # Total
$100M to $1B 4 $1.8B
< $100M 2 $84M
TOTAL $1.9B
Largest Johnson Matthey - Electronic Materials Division
$655M (1999-08-18)

M&A Connections

Deals
Acquired from
Investor(s)
8%
1 (8%)
Strategic(s)
42%
5 (42%)
Divested to
Investor(s)
38%
3 (38%)
Strategic(s)
63%
5 (63%)

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