Add-on Acquisition • Chemicals

Air Products and Chemicals Acquires ACP Europe SA

On February 15, 2018, Air Products and Chemicals acquired chemicals company ACP Europe SA

Acquisition Context
  • This is Air Products and Chemicals’ 5th transaction in the Chemicals sector.
  • This is Air Products and Chemicals’ 1st transaction in Belgium.

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M&A Deal Summary

Date February 15, 2018
Target ACP Europe SA
Sector Chemicals
Buyer(s) Air Products and Chemicals
Deal Type Add-on Acquisition

Target Company

ACP Europe SA

Heusden-Zolder, Belgium
ACP Europe SA is an independent carbon dioxide (CO2) business in Continental Europe.
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Buyer Overview 1

Buyer

Air Products and Chemicals

Allentown, Pennsylvania, United States

Category Company
Founded 1940
Sector Chemicals
Employees23,000
Revenue 12.1B USD (2024)
DESCRIPTION

Air Products and Chemicals serves energy, electronics, chemicals, steel, and manufacturing customers globally with a unique portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. The Company is a supplier of hydrogen and helium and has built leading positions in growth markets such as semiconductor materials, refinery hydrogen, natural gas liquefaction, and advanced coatings and adhesives. Air Products and Chemicals was incorporated in 1940 and is based in Allentown, Pennsylvania.


Deal Context for Buyer #
Overall 13 of 18
Sector: Chemicals 5 of 6
Type: Add-on Acquisition 8 of 9
Country: Belgium 1 of 1
Year: 2018 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-03 Versum Materials

Allentown, Pennsylvania, United States

Versum Materials, Inc. is an electronic materials company providing high-purity chemicals and gases, delivery systems, services, and materials expertise to meet the evolving needs of the global semiconductor and display industries. Versum Materials Inc. is based in Allentown, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-22 Baker Hughes - Rotoflow Turboexpander Business

Houston, Texas, United States

Baker Hughes - Rotoflow Turboexpander Business is a provider of an industrial gas and liquefied natural gas (LNG) turboexpander capabilities into growing hydrocarbon, petrochemical and energy segment.

Buy -

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