Divestiture • Chemicals

Aeicon Acquires Haltermann - Oxo-Product Business

On March 23, 2020, Aeicon acquired chemicals company Haltermann - Oxo-Product Business from HCS Group

Acquisition Context
  • This is Aeicon’s 1st transaction in the Chemicals sector.
  • This is Aeicon’s 1st transaction in the United States.
  • This is Aeicon’s 1st transaction in Texas.

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M&A Deal Summary

Date March 23, 2020
Target Haltermann - Oxo-Product Business
Sector Chemicals
Buyer(s) Aeicon
Sellers(s) HCS Group
Deal Type Divestiture

Target Company

Haltermann - Oxo-Product Business

Manvel, Texas, United States
Haltermann GmbH's Oxo-Product Business portfolio includes alcohols and esters, mainly as solvents for different applications in the pharmaceutical and printing ink industry.
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Buyer Overview 1

Buyer

Aeicon

Houston, Texas, United States

Category Company
Sector Financial Services
DESCRIPTION

Aeicon Corp. is an international consultancy and investment banking firm with transactions in energy, infrastructure, and commercial real estate assets.


Deal Context for Buyer #
Overall 1 of 1
Sector: Chemicals 1 of 1
Type: Divestiture 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1

Seller Profile 1

SELLER

HCS Group

Hamburg, Germany

Category Company
Founded 1898
Sector Chemicals
DESCRIPTION

HCS Group is a supplier of solutions for high-end hydrocarbons and specialties. The HCS Group produces a wide range of speciality chemicals which are used in industries such as downstream chemicals, pharmaceuticals, agro-chemicals and printing inks. It also produces performance fuels and antifreeze products. HCS Group was founded in 1898 and is based in Hamburg, Germany.


Deal Context for Seller #
Overall 1 of 1
Sector: Chemicals 1 of 1
Type: Divestiture 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-25 ETSP

Normandie, France

ETSP is a technology company specialized in the field of special fuels and lubricants. ETSP develops high-performance niche products with high added value and highly specific on demand services adapted to its customers’ unique needs.

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