Solvay - M&A Summary and Business Overview

ChemicalsCompany

Solvay M&A Summary

Solvay has acquired 16 companies, including 5 in the last 5 years. It has also divested 10 assets.

Solvay’s largest acquisition to date was in 2015, when it acquired Cytec Industries for $5.5B. It’s largest disclosed sale occurred in 2010, when it sold Solvay Pharmaceuticals to Abbott Laboratories for $6.1B. Solvay has acquired in 5 different US states, and 8 countries. The Company’s most targeted sectors include chemicals (63%) and life science (13%).

Solvay Business Overview

Where is Solvay headquartered?

Solvay is headquartered in Brussels, Belgium.

What is Solvay’s revenue?

Solvay disclosed revenue of 9,714M EUR for 2020 and 11,227M EUR for 2019.

How many employees does Solvay have?

Solvay has 23,000 employees.

What sector is Solvay in?

Solvay is a chemicals company.

When was Solvay founded?

Solvay was founded in 1863.

M&A Summary

  • M&A Total Activity26
    • M&A Buy Activity16
    • M&A Sell Activity10
  • Total Sectors Invested 6
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 17
  • M&A Advisors 1

Solvay

Solvay S.A.

Rue de Ransbeek, 310,
Brussels, 1120
Belgium,
+32 2 264 21 11
www.solvay.com

Solvay is a Belgian chemical company. Solvay was incorporated in 1863 and is based in Brussels, Belgium.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 11 - 3 2 - - 16
vol $11.0B $11.0B
Sell (0.4/yr) # 8 1 1 - - - 10
vol $8.4B $8.4B
  26

Most Recent M&A

Company Date Value Type
9T Labs 2022-02-22 - Growth Capital
Zürich, Switzerland · www.9tlabs.com
Shaoxing Orange Oxygen Technology Co. Ltd. 2022-02-18 - Growth Capital
Shaoxing City, China · www.chengyangtech.com
DMC Biotechnologies 2021-12-07 - Growth Capital
Boulder, Colorado · www.dmcbio.com
Bayer - Global Coatings Business 2021-07-01 - Divestiture
Méréville, France
Invizius Ltd. 2021-05-06 - Venture
North Lanarkshire, United Kingdom · www.invizius.com
Verdant Specialty Solutions 2021-01-05 - Divestiture
Houston, Texas · www.verdantspecialty.com
Kandelium Group GmbH 2020-11-23 - Divestiture
Bad Honningen, Germany · www.kandelium.com
Solid Power, Inc. 2018-09-10 - Venture
Louisville, Colorado · www.solidpowerbattery.com
Vinythai Public Co. Ltd. 2016-12-14 - Divestiture
Rayong, Thailand · www.vinythai.co.th
Solvay Indupa S.A.I.C. 2016-12-07 - Stake Sale
Buenos Aires, Argentina · www.solvayindupa.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Solvay Pharmaceuticals, Inc.    - Solvay Pharmaceuticals - Rx Facilities 2007-05-07 1
Marietta, Georgia Baudette, Minnesota

M&A by Sector

Sector Buy # Value Sell # Value
Chemicals 10 (63%) 10.9B (99%) 6 (60%) 1.4B (17%)
Life Science 2 (13%) - 1 (10%) 6.1B (73%)
Healthcare Services 1 (6%) 123M (1%) 1 (10%) -
Plastics 1 (6%) - 1 (10%) -
Electrical Equipment 1 (6%) - - -
Manufacturing 1 (6%) - - -
Environmental - - 1 (10%) 890M (11%)
Total 16 $11.0B 10 $8.4B

By Geo

State/Country Buy Value Sell Value
United States 7 7.1B 1 -
  Colorado 2 - - -
  New Jersey 1 5.5B - -
  Illinois 1 123M - -
  California 1 1.3B - -
  Texas - - 1 -
Belgium - - 3 7.0B
France 2 3.8B 1 -
Argentina - - 2 290M
Germany 1 - 1 -
Switzerland 1 - 1 1.1B
United Kingdom 2 - - -
Brazil 1 - - -
China 1 - - -
India 1 - - -
Thailand - - 1 -
Domestic - - 3 (30%) 7.0B (83%)
Cross-border 16 (100%) 11.0B (100%) 7 (70%) 1.4B (17%)
Total 16 $11.0B 10 $8.4B

Top M&A Advisors

Financial Deals
Goldman Sachs
1

Deal Values

buy # Total
> $1B 3 $10.6B
$100M to $1B 2 $343M
TOTAL $11.0B
Largest Cytec Industries, Inc.
$5.5B (2015-07-29)
sell # Total
> $1B 2 $7.2B
$100M to $1B 2 $1.2B
TOTAL $8.4B
Largest Solvay Pharmaceuticals
$6.1B (2010-02-15)

M&A Connections

Deals
Acquired from
Strategic(s)
19%
3 (19%)
Divested to
Investor(s)
50%
5 (50%)
Strategic(s)
50%
5 (50%)

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Chemicals Companies , Belgium Companies