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M&A Deal Summary

Chemogas NV Acquires Stereo Sdn Bhd

On March 12, 2018, Chemogas NV acquired business services company Stereo Sdn Bhd

Acquisition Highlights
  • This is Chemogas NV’s 1st transaction in the Business Services sector.
  • This is Chemogas NV’s 1st transaction in Malaysia.

M&A Deal Summary
Date 2018-03-12
Target Stereo Sdn Bhd
Sector Business Services
Buyer(s) Chemogas NV
Deal Type Add-on Acquisition

Target

Stereo Sdn Bhd

Kuala Lumpur, Malaysia
Stereo Sdn Bhd is a sterilization gases distributor with significant market presence in the Asia-Pacific region. Stereo operates EtO filling and blending installations and exports to the Asia-Pacific region, including Australia and New Zealand. Anticipating demand to rise in the light of strong market expansion over the last five years, Stereo is building an EtO filling and mixing plant in Manila to cater to the growing local medical devices market in the Philippines.

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Buyer(S) 1

Buyer

Chemogas NV

Grimbergen, Belgium
Category Company
Founded 1975
Sector Chemicals
DESCRIPTION

Chemogas NV is a provider of packaged chemical gases and related services. Chemogas also supplies natural refrigerant gases (like ammonia and propylene) and other specialty gases. Chemogas NV is one of the premier global providers of packaged Ethylene oxide to the medical sterilization industry, with exports to more than 70 countries.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Malaysia M&A 1 of 1
Year: 2018 M&A 1 of 1
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