M&A Deal Summary

Kurita Water Industries Acquires Israel Chemicals - Performance Products

On October 26, 2014, Kurita Water Industries acquired environmental company Israel Chemicals - Performance Products from ICL Group for 250M EUR

Acquisition Highlights
  • This is Kurita Water Industries’ 1st transaction in the Environmental sector.
  • This is Kurita Water Industries’ 0th largest (disclosed) transaction.
  • This is Kurita Water Industries’ 1st transaction in Germany.

M&A Deal Summary
Date 2014-10-26
Target Israel Chemicals - Performance Products
Sector Environmental
Buyer(s) Kurita Water Industries
Sellers(s) ICL Group
Deal Type Divestiture
Deal Value 250M EUR

Target

Israel Chemicals - Performance Products

Germany
Israel Chemicals - Performance Products produce active ingredients, formulations and customized water treatment solutions for use by industries and municipalities.

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Buyer(S) 1

Buyer

Kurita Water Industries

Tokyo, Japan

website

Category Company
Founded 1949
Sector Environmental
Employees7,465
Revenue 288.2B JPY (2022)
DESCRIPTION

Kurita Water Industries is engaged in a wide spectrum of water- and environment-related business, including business related to water treatment facilities, highly advanced analysis of water quality and manufacture and sale of small-sized water treatment devices for household use. Kurita Water Industries was founded in 1949 and is based in Tokyo, Japan.

DEAL STATS #
Overall 1 of 4
Sector (Environmental) 1 of 3
Type (Divestiture) 1 of 2
Country (Germany) 1 of 1
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-29 Fracta

Redwood City, California, United States

Fracta, Inc. is a provider of software service for predicting water main degradations by applying artificial intelligence (AI) and machine learning (ML). Fracta, Inc. was established in 2015 and is based in Redwood City, California.

Buy $37M

Seller(S) 1

SELLER

ICL Group

Tel Aviv, Israel

website

Category Company
Founded 1968
Sector Chemicals
Employees12,733
Revenue 10.0B USD (2022)
DESCRIPTION

ICL Group is a manufacturer of products based on specialty minerals that fulfill humanity's essential needs primarily in three markets: agriculture, food and engineered materials. ICL Group was founded in 1968 and is based in Tel Aviv, Israel.

DEAL STATS #
Overall 1 of 5
Sector (Environmental) 1 of 1
Type (Divestiture) 1 of 5
Country (Germany) 1 of 3
Year (2014) 1 of 2
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-19 Rhenoflex

Ludwigshafen am Rhein, Germany

Rhenoflex GmbH is a designer and manufacturer of innovative shoe components. Rhenoflex is a supplier of high-end shoe reinforcement materials and orthopedic parts to leading brands in the global footwear industry.

Sell -
Mergr

Product

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