M&A Deal Summary

ALTIVIA Acquires The Dow Chemical - Acetone Derivatives Business

On August 13, 2019, ALTIVIA acquired chemicals company The Dow Chemical - Acetone Derivatives Business from Dow

Acquisition Highlights
  • This is ALTIVIA’s 1st transaction in the Chemicals sector.
  • This is ALTIVIA’s 1st transaction in the United States.
  • This is ALTIVIA’s 1st transaction in Michigan.

M&A Deal Summary
Date 2019-08-13
Target The Dow Chemical - Acetone Derivatives Business
Sector Chemicals
Buyer(s) ALTIVIA
Sellers(s) Dow
Deal Type Divestiture

Target

The Dow Chemical - Acetone Derivatives Business

Midland, Michigan, United States
The Dow Chemical Co. - Acetone Derivatives Business manufactures Ketones and Carbinols, used primarily in the coatings, adhesive and pharmaceutical industries. It is the largest North American production facility of its kind.

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Buyer(S) 1

Buyer

ALTIVIA

Houston, Texas, United States
Category Company
Founded 1986
Sector Distribution
Revenue 83M USD (2012)
DESCRIPTION

ALTIVIA Corp. is a water treatment chemical distributor. ALTIVIA was formed in 1986 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 2
Sector (Chemicals) 1 of 2
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-01 Kmco

Houston, Texas, United States

Kmco LLC is an operator of specialty chemical company serving the automotive, petroleum, industrial, and agricultural markets. Kmco was founded in 1975 and is based in Houston, Texas.

Buy -

Seller(S) 1

SELLER

Dow

Midland, Michigan, United States
Category Company
Founded 2018
Sector Chemicals
Employees37,800
Revenue 44.6B USD (2023)
DESCRIPTION
Dow Chemical's corporate headquarters in Midland, Michigan.
Dow Chemical's corporate headquarters in Midland, Michigan.

Dow produces specialty chemicals, advanced materials, agrosciences, and plastics and delivers a range of technology-based products and solutions to customers in sectors that include packaging, electronics, water, coatings, and agriculture. Dow was founded in 2018 and is based in Midland, Michigan.

DEAL STATS #
Overall 16 of 17
Sector (Chemicals) 13 of 13
Type (Divestiture) 13 of 14
State (Michigan) 4 of 5
Country (United States) 12 of 13
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-09 SAFECHEM

Duesseldorf, Germany

SAFECHEM provides sustainable cleaning solutions, equipment and services for metal surface and dry cleaning applications to customers worldwide. SAFECHEM was formed in 1992 and is based in Duesseldorf, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-06 The Dow Chemical - Rail Assets

Michigan, United States

The Dow Chemical Co. - Rail Assets comprises rail infrastructure assets and related equipment at six major North American sites.

Sell -
Mergr

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