M&A Deal Summary |
|
|---|---|
| Date | 2022-02-18 |
| Target | DuPont s Mobility & Materials Business |
| Sector | Chemicals |
| Buyer(s) | Celanese |
| Sellers(s) | DuPont |
| Deal Type | Divestiture |
| Deal Value | 11M USD |
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Celanese is a global technology and specialty materials company. Celanese producer of acetyl products for nearly all major industries, as well as a global producer of high-performance engineered polymers that are used in a variety of high-value applications. The Company's product portfolio serves a diverse set of end-use applications including paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filtration applications, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications. Celanese was incorporated in 1918 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 17 |
| Sector (Chemicals) | 11 of 11 |
| Type (Divestiture) | 9 of 9 |
| State (Delaware) | 1 of 1 |
| Country (United States) | 7 of 7 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-30 |
ExxonMobil Chemical - Santoprene Business
Spring, Texas, United States ExxonMobil Chemical's Santoprene Business develops a ready-to-use material that behaves like rubber but can be processed like a thermoplastic. Compared to materials such as EPDM (ethylene propylene diene polymethylene backbone) or other thermoset rubbers, Santoprene thermoplastic vulcanizates (TPVs) offer: total system costs reduction through manufacturing simplification and weight reduction through a part redesign. Santoprene is a proven solution serving markets as diversified and demanding as automotive, building and construction, industrial and consumer products. |
Buy | $1.2B |
DuPont is a global chemicals provider and is involved across a range of disciplines, including agriculture and industrial biotechnology, chemistry, biology, materials science and manufacturing. DuPont operates globally and offers a wide range of innovative products and services for markets including agriculture and food, building and construction, electronics and communications, general industrial, and transportation. DuPont is based in Wilmington, Delaware.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 20 |
| Sector (Chemicals) | 9 of 9 |
| Type (Divestiture) | 16 of 17 |
| State (Delaware) | 9 of 9 |
| Country (United States) | 17 of 18 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-02 |
Rogers
Chandler, Arizona, United States Rogers develops and manufactures high performance specialty materials focusing on the wireless communications and computer markets. Rogers was founded in 1832 and is based in Chandler, Arizona. |
Buy | $5.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-02 |
Spectrum Plastics Group
Alpharetta, Georgia, United States Spectrum Plastics Group is a manufacturer of the thermoplastic profile, tube, and sheet plastic extrusions used in industrial, consumer, and other applications. Spectrum Plastics Group has manufacturing facilities in the U.S. and Mexico serving a variety of end-markets, including aerospace, retail, medical, traffic control, lighting, and fence. Spectrum Plastics Group was founded in 2017 and is based in Alpharetta, Georgia. |
Buy | $1.8B |
