M&A Deal Summary

AirBoss Acquires Ace Elastomer

On August 18, 2021, AirBoss acquired chemicals company Ace Elastomer for 43M USD

Acquisition Highlights
  • This is AirBoss’ 1st transaction in the Chemicals sector.
  • This is AirBoss’ largest (disclosed) transaction.
  • This is AirBoss’ 1st transaction in the United States.
  • This is AirBoss’ 1st transaction in South Carolina.

M&A Deal Summary
Date 2021-08-18
Target Ace Elastomer
Sector Chemicals
Buyer(s) AirBoss
Deal Type Add-on Acquisition
Deal Value 43M USD

Target

Ace Elastomer

Rock Hill, South Carolina, United States
Ace Elastomer provides design, formulation development, and custom mixing of proprietary elastomer compounds across the natural and synthetic polymer range. Ace offers a full range of custom mix compounds for many industries including the roller, belting, and printing industries, and for custom molding and extrusion applications. Ace Elastomer is based in Rock Hill, South Carolina.

Search 200,291 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

AirBoss

Newmarket, Ontario, Canada
Category Company
Founded 1994
Sector Manufacturing
Employees1,197
Revenue 426M USD (2023)
DESCRIPTION

AirBoss is a group of complementary businesses using compounding technology and engineering expertise to create value for its customers. With a capacity to process approximately 400 million turn pounds of rubber annually, AirBoss Rubber Solutions is one of North America’s largest custom rubber compounding companies and a leading supplier of essential calendered and extruded products for a broad range of applications. AirBoss is based in Newmarket, Ontario.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal