M&A Deal Summary

Advent International and LANXESS Acquire Envalior

On April 4, 2023, private equity firm Advent International and LANXESS acquired chemicals company Envalior

Acquisition Highlights
  • This is Advent International’s 11th and LANXESS’s 16th transaction in the Chemicals sector.
  • This is Advent International’s 22nd and LANXESS’s 3rd transaction in Germany.

M&A Deal Summary

Date 2023-04-04
Target Envalior
Sector Chemicals
Buyer(s) Advent International
LANXESS
Deal Type Joint Venture

Target

Envalior

Düsseldorf, Germany
Envalior specializes in Global Engineering Materials powerhouse offering novel and Innovative solutions to today’s world. Envalior portfolio comprises polyamides (PA6, PA66), polyesters as PBT as well as various specialty materials like PA46, PA410 and specialty polyesters as well as PPS and thermoplastic fiber composites. Envalior was founded in 2023 and is based in Düsseldorf, Germany.

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Buyer(S) 2

Buyer

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 76.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 329 of 341
Sector (Chemicals) 11 of 11
Type (Joint Venture) 2 of 2
Country (Germany) 22 of 22
Year (2023) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-07 Tag

Norwich, United Kingdom

Tag is a provider of marketing and communications supply chain services. Tag helps organizations transform business processes, enhance customer conversations and realize the potential of their brands. Tag was founded in 1820 and is based in Norwich, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-08 Simtra BioPharma Solutions

Deerfield, Illinois, United States

Simtra BioPharma Solutions partners with pharmaceutical companies to support their commercialization objectives by providing scientific expertise, sterile contract manufacturing solutions, parenteral delivery systems, and customized support services needed to meet the unique challenges that parenteral products face. Simtra BioPharma Solutions is based in Deerfield, Illinois.

Buy $4.3B
Buyer

LANXESS

Cologne, Germany

Category Company
Founded 1863
Sector Chemicals
Employees12,621
Revenue 6.7B EUR (2023)
DESCRIPTION
Entrance to Lanxess' Pittsburgh, Pennsylvania office.
Entrance to Lanxess' Pittsburgh, Pennsylvania office.

LANXESS is a specialty chemicals company. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates, and specialty chemicals. LAXNESS was founded in 1863 and is based in Cologne, Germany.


DEAL STATS #
Overall 17 of 17
Sector (Chemicals) 16 of 16
Type (Joint Venture) 2 of 2
Country (Germany) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-31 DSM Engineering Materials

Heerlen, Netherlands

DSM Engineering Materials provides high-performance and increasingly sustainable thermoplastics used in automotive, electrical & electronics, building & construction, medical, food packaging, and consumer goods (to name but a few). Its materials enable lighter, stronger, and more durable products - which in turn makes people’s lives safer, more convenient, and healthier – and all while helping to tackle carbon emissions.

Buy €3.7B