M&A Deal Summary

Arkema Acquires proionic

On April 17, 2024, Arkema acquired chemicals company proionic

Acquisition Highlights
  • This is Arkema’s 18th transaction in the Chemicals sector.
  • This is Arkema’s 1st transaction in Austria.

M&A Deal Summary

Date 2024-04-17
Target proionic
Sector Chemicals
Buyer(s) Arkema
Deal Type Add-on Acquisition

Target

proionic

Raaba, Austria
proionic is a provider of producing and developing ionic liquids, key components for the next generation of lithium-ion batteries. proionic was founded in 2003 and is based in Raaba, Austria.

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Buyer(S) 1

Buyer

Arkema

Colombes, France

Category Company
Founded 2003
Sector Chemicals
Employees21,150
Revenue 9.5B EUR (2024)
DESCRIPTION

Arkema is a chemical producer. 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 24 of 25
Sector: Chemicals M&A 18 of 19
Type: Add-on Acquisition M&A Deals 16 of 16
Country: Austria M&A 1 of 1
Year: 2024 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-14 Arc Building Products

Wicklow, Ireland

Arc Building Products specializing in tile adhesives, floor preparation systems, building chemicals and sealing & bonding solution. Arc Building Products is based in Wicklow, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-02 Dow - Packaging & Specialty Plastics segment

Midland, Michigan, United States

Dow's Packaging & Specialty Plastics segment includes Solvent-Based and Solventless Laminating Adhesives and Heat Seal Coating product portfolios. Dow's Packaging & Specialty Plastics segment is based in Midland, Michigan.

Buy $150M