M&A Deal Summary

Arkema Acquires ArrMaz Custom Chemicals

On May 16, 2019, Arkema acquired chemicals company ArrMaz Custom Chemicals from Golden Gate Capital for 570M USD

Acquisition Highlights
  • This is Arkema’s 9th transaction in the Chemicals sector.
  • This is Arkema’s 2nd largest (disclosed) transaction.
  • This is Arkema’s 6th transaction in the United States.
  • This is Arkema’s 1st transaction in Florida.

M&A Deal Summary
Date 2019-05-16
Target ArrMaz Custom Chemicals
Sector Chemicals
Buyer(s) Arkema
Sellers(s) Golden Gate Capital
Deal Type Secondary Buyout
Deal Value 570M USD

Target

ArrMaz Custom Chemicals

Mulberry, Florida, United States
ArrMaz Custom Chemicals, Inc. is a producer of process chemicals to the phosphate fertilizer mining and manufacturing industry, a manufacturer of additives to the asphalt paving market, and a growing supplier of other diversified industrial mineral flotation and surfactant chemicals.

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Buyer(S) 1

Buyer

Arkema

Colombes, France
Category Company
Founded 2003
Sector Chemicals
Employees21,100
Revenue 9.5B EUR (2023)
DESCRIPTION

Arkema is a chemical producer company. Arkema organized its activities into 3 complementary business segments: High Performance Materials: Technical polymers (Specialty polyamides and Fluoropolymers), Filtration and Adsorption (CECA), Organic Peroxydes, Specialty Adhesives (Bostik). Industrial Specialties: Thiochemicals, Fluorochemicals, PMMA (Altuglas International), Hydrogen Peroxides. Coating Solutions: Acrylics, Coating resins, Photocure resins (Sartomer) Rheology Additives (Coatex). Arkema was founded in 2003 and is based in Colombes, France.

DEAL STATS #
Overall 11 of 24
Sector (Chemicals) 9 of 18
Type (Secondary Buyout) 1 of 1
State (Florida) 1 of 1
Country (United States) 6 of 11
Year (2019) 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-19 CGM - Floor Preparation Systems

Philadelphia, Pennsylvania, United States

CMP's floor preparation systems products offer an advanced range of flooring surface preparation repair patches, leveling compounds and primers for both commercial and residential flooring applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-30 Lambson

Wetherby, United Kingdom

Lambson Ltd. provides photoinitiators for curing, a technology meeting the demands of cutting-edge markets such as electronics, 3D printing, digital ink, composites and high performance coatings. Lambson Ltd. was founded in 1960 and is based in Wetherby, United Kingdom.

Buy -

Seller(S) 1

SELLER

Golden Gate Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 19.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Golden Gate Capital is a large private equity firm focused on buyout and growth equity investments across a wide variety of industries. The Firm partners with management teams to make equity investments in situations where there is a demonstrable opportunity to significantly enhance a company's value. Sectors of interest include software and IT services, semiconductors, electronics, consumer products and retail, financial services, business services, and media. Prospective transaction types include public-to-privates, corporate extractions, bankruptcy auctions, and recapitalizations. Golden Gate Capital was formed in 2000 and is based in San Francisco, California.

DEAL STATS #
Overall 61 of 84
Sector (Chemicals) 1 of 3
Type (Secondary Buyout) 10 of 18
State (Florida) 2 of 4
Country (United States) 54 of 76
Year (2019) 1 of 5
Size (of disclosed) 11 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-19 Active Minerals

Sparks, Maryland, United States

Active Minerals is a global market provider in the production and distribution of air-float kaolin and gel-grade attapulgite clays for customers in fiberglass, construction, drilling, agriculture, and concrete end markets, among others. The Company’s products provide highly tangible qualities in customers’ end products: Air-float kaolin strengthens fiberglass for usage in printed circuit boards prior to assembly in electronics end products such as phones, tablets, and automobiles. Gel-grade attapulgite is used to increase viscosity of mixtures in a variety of end markets including joint tape compounds used for wallboard construction, and paints & coatings to prevent settling and hard packing. Active Minerals International was founded in 1964 and is based in Sparks, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-03 Green Street

Newport Beach, California, United States

Green Street is an independent research, analytics, trading, and consulting firm to the commercial real estate market in North American and Europe. Green Street was founded in 1985 and is based in Newport Beach, California.

Sell -
Mergr

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