M&A Deal Summary

Ascensus Specialties Acquires Strem

On April 7, 2021, Ascensus Specialties acquired chemicals company Strem

Acquisition Highlights
  • This is Ascensus Specialties’ 1st transaction in the Chemicals sector.
  • This is Ascensus Specialties’ 1st transaction in the United States.
  • This is Ascensus Specialties’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2021-04-07
Target Strem
Sector Chemicals
Buyer(s) Ascensus Specialties
Deal Type Add-on Acquisition

Target

Strem

Newburyport, Massachusetts, United States
Strem sells and manufactures specialty chemicals for the most demanding, high-purity end markets of life sciences, microelectronics, and other specialties markets. Strem was founded in 1964 and is based in Newburyport, Massachusetts.

Search 201,157 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

Ascensus Specialties

Bellevue, Washington, United States
Category Company
Founded 2014
Sector Chemicals
DESCRIPTION

Ascensus Specialties is a manufacturer of specialty chemicals primarily in two end-markets: pharmaceutical drug manufacturing and pulp & paper processing. In pharmaceutical drug manufacturing, sodium borohydride is used as a reducing agent. In pulp & paper processing, sodium borohydride is used as a bleaching agent to prepare paper products for end-customer use. Ascensus Specialties was founded 2014 and is based in Bellevue, Washington.

DEAL STATS #
Overall 1 of 2
Sector (Chemicals) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Wychem

Suffolk, United Kingdom

Wychem is a manufacturer of fine chemicals for pharmaceutical and specialty applications. Wychem provides a comprehensive range of more than 1,000 products and custom manufacturing solutions, with a focus on aromatic compounds and halogenation including direct bromination, direct iodination, and diazonium / sandmeyer reactions. Wychem was formed in 1968 and is based in Suffolk, United Kingdom.

Buy -
Mergr

Product

Company

Legal