M&A Deal Summary

Braskem Acquires Solvay Indupa unit - Solvay

On December 18, 2013, Braskem acquired chemicals company Solvay Indupa unit - Solvay from Solvay for 290M USD

Acquisition Highlights
  • This is Braskem’s 1st transaction in the Chemicals sector.
  • This is Braskem’s largest (disclosed) transaction.
  • This is Braskem’s 1st transaction in Argentina.

M&A Deal Summary
Date 2013-12-18
Target Solvay Indupa unit - Solvay
Sector Chemicals
Buyer(s) Braskem
Sellers(s) Solvay
Deal Type Add-on Acquisition
Deal Value 290M USD

Target

Solvay Indupa unit - Solvay

Buenos Aires, Argentina
Solvay Indupa makes PVC resins and caustic soda in Brazil's Sao Paulo state and Argentina's Buenos Aires province.

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Buyer(S) 1

Buyer

Braskem

Sao Paulo, Brazil
Category Company
Founded 1972
Sector Chemicals
Employees8,569
Revenue 70.6B BRL (2023)
DESCRIPTION

Braskem produces and sells thermoplastic resins. Braskem was incorporated in 1972 and is based in São Paulo, Brazil.

DEAL STATS #
Overall 1 of 2
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Argentina) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-10 quantiQ Distribuidora

São Paulo, Brazil

quantiQ Distribuidora Ltda is a distributor of chemical products like cosmetics, pharmaceuticals and nutrition.

Sell R$550M

Seller(S) 1

SELLER

Solvay

Brussels, Belgium
Category Company
Founded 1863
Sector Chemicals
Employees9,000
Revenue 6.0B EUR (2023)
DESCRIPTION

Solvay is a chemical company that harnesses the power of chemistry to create innovative, sustainable solutions that answer the world’s most essential needs such as purifying the air we breathe and the water we drink, preserving our food supplies, protecting our health and well-being, creating eco-friendly clothing, making the tires of our cars more sustainable and cleaning and protecting our homes. Solvay was founded in 1863 and is based in Brussels, Belgium.

DEAL STATS #
Overall 3 of 10
Sector (Chemicals) 1 of 6
Type (Add-on Acquisition) 2 of 2
Country (Argentina) 1 of 2
Year (2013) 2 of 2
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-22 Erca Quimica

Itatiba, Brazil

Erca Quimica, Ltda surfactants in Brazil and to serve customers in the agrochemicals, home & personal care, coatings, mining and oil & gas markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-10 Benvic

Chevigny Saint Sauveur, France

Benvic develops, produces and markets highly customized, innovative thermoplastic solutions based on PVC, TPE, HFFR and bio-polymers that are utilized across a wide range of rigid and flexible end-applications including building and construction, medical, automotive, aerospace, cabling, packaging and fluid transport. Benvic was founded in 1963 and is based in Chevigny Saint Sauveur, France.

Sell -
Mergr

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