M&A Deal Summary

Cabot Acquires Tech Blend

On October 31, 2017, Cabot acquired chemicals company Tech Blend for 64M USD

Acquisition Highlights
  • This is Cabot’s 3rd transaction in the Chemicals sector.
  • This is Cabot’s 2nd largest (disclosed) transaction.
  • This is Cabot’s 1st transaction in Canada.
  • This is Cabot’s 1st transaction in Quebec.

M&A Deal Summary
Date 2017-10-31
Target Tech Blend
Sector Chemicals
Buyer(s) Cabot
Deal Type Add-on Acquisition
Deal Value 64M USD

Target

Tech Blend

Saint-Jean-sur-Richelieu, Quebec, Canada
Tech Blend is a producer of black masterbatches (also known as concentrates) for applications in the automotive, infrastructure and agricultural industries at its manufacturing facility in Saint-Jean-sur-Richelieu, Québec.

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Buyer(S) 1

Buyer

Cabot

Boston, Massachusetts, United States
Category Company
Founded 1882
Sector Chemicals
Employees4,268
Revenue 3.9B USD (2023)
DESCRIPTION

Cabot is a specialty chemicals and performance materials company. Cabot's principal products are rubber and specialty-grade carbon blacks, fumed metal oxides, inkjet colorants, aerogel, cesium formate drilling fluids, and activated carbon. Cabot and its affiliates have manufacturing facilities and operations in the United States and over 20 other countries. Cabot was founded in 1882 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 4 of 7
Sector (Chemicals) 3 of 5
Type (Add-on Acquisition) 2 of 3
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-17 Nhumo S.A. de C.V.

Altamira, Mexico

Nhumo, S.A. de C.V. manufactures and markets carbon black for tire production plants.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-01 NSCC Carbon

Jiangsu, China

NSCC Carbon (Jiangsu) Co. Ltd. is a manufacturing facility in Pizhou, Jiangsu Province, China. The plant is scheduled to be temporarily mothballed to conduct maintenance and technology upgrades. The upgrades to manufacturing and environmental equipment will enable the site to be more flexible to manufacture different carbon black products and meet ever-stricter environmental standards.

Buy -
Mergr

Product

Company

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