M&A Deal Summary

Argotec Acquires Stevens Urethane

On May 1, 2014, Argotec acquired chemicals company Stevens Urethane from JPS Industries

Acquisition Highlights
  • This is Argotec’s 2nd transaction in the Chemicals sector.
  • This is Argotec’s 2nd transaction in the United States.
  • This is Argotec’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2014-05-01
Target Stevens Urethane
Sector Chemicals
Buyer(s) Argotec
Sellers(s) JPS Industries
Deal Type Divestiture

Target

Stevens Urethane

Easthampton, Massachusetts, United States
Stevens Urethane Corp is a manufacturer and supplier polyurethane.

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Buyer(S) 1

Buyer

Argotec

Greenfield, Massachusetts, United States

Category Company
Founded 1988
Sector Manufacturing
DESCRIPTION

Argotec LLC is a manufacturer of thermoplastic polyurethane films used in a wide range of industries and market segments, including automotive paint protection, glass lamination, medical, graphics, textiles, and other industrial applications.


DEAL STATS #
Overall 2 of 2
Sector: Chemicals M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: Massachusetts M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-15 Omniflex

Greenfield, Massachusetts, United States

Omniflex is a specializes in the production of waterproof-breathable films for use in the performance apparel and footwear markets.

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Seller(S) 1

SELLER

JPS Industries

Greenville, South Carolina, United States

Category Company
Founded 1982
Sector Manufacturing
Revenue 128M USD (2003)
DESCRIPTION

JPS Industries, Inc. is a manufacturer of mechanically formed glass and aramid substrate materials for specialty applications in a wide expanse of markets requiring highly engineered components.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1