Add-on Acquisition • Chemicals

Afton Chemical Acquires Aditivos Mexicanos S.A. de C.V.

On December 19, 2016, Afton Chemical acquired chemicals company Aditivos Mexicanos S.A. de C.V. for 183M USD

Acquisition Context
  • This is Afton Chemical’s 2nd transaction in the Chemicals sector.
  • This is Afton Chemical’s largest (disclosed) transaction.
  • This is Afton Chemical’s 1st transaction in Mexico.

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M&A Deal Summary

Date December 19, 2016
Target Aditivos Mexicanos S.A. de C.V.
Sector Chemicals
Buyer(s) Afton Chemical
Deal Type Add-on Acquisition
Deal Value 183M USD

Target Company

Aditivos Mexicanos S.A. de C.V.

San Juan Del Rio, Mexico
Aditivos Mexicanos, S.A. de C.V. is a petroleum additives manufacturing, sales and distribution company based in Mexico City, Mexico.
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Buyer Overview 1

Buyer

Afton Chemical

Richmond,, Virginia, United States

Category Company
Founded 1969
Sector Chemicals
DESCRIPTION

Afton Chemical Corp.engages in the development, manufacturing &supplies petroleum additives that enhance the performance of lubricating oils and fuels.


Deal Context for Buyer #
Overall 2 of 2
Sector: Chemicals 2 of 2
Type: Add-on Acquisition 2 of 2
Country: Mexico 1 of 1
Year: 2016 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Polartech

Manchester, United Kingdom

Polartech Ltd. is a provider of metalworking fluid additives and adding R&D and manufacturing facilities in the UK, and manufacturing sites in India, China and the U.S.

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