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  5. CHT Group Acquires ICM Silicones Group

M&A Deal Summary

CHT Group Acquires ICM Silicones Group

On August 30, 2017, CHT Group acquired chemicals company ICM Silicones Group

Acquisition Highlights
  • This is CHT Group’s 2nd transaction in the Chemicals sector.
  • This is CHT Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2017-08-30
Target ICM Silicones Group
Sector Chemicals
Buyer(s) CHT Group
Deal Type Add-on Acquisition

Target

ICM Silicones Group

Somerset, United Kingdom
ICM Silicones Group is a provider of high performance silicone emulsions and silicone elastomer applications in America. ICM Silicones Group consist of five separate operating subsidiaries: ICM Products Inc. in Cassopolis, Michigan; QSi LLC in Richmond, Virginia; ACC Silicones Ltd. in Bridgwater, UK; Treco Srl in Milan, Italy and ACC Silicones in Tianjin, China.

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Buyer(S) 1

Buyer

CHT Group

Tubingen, Germany
Category Company
Sector Chemicals
DESCRIPTION

CHT Group is a speciality chemical company. CHT Group products improve the quality, the functionality and the performance of textiles, building materials, colours, coatings, papers and agrochemicals as well as cleaning and care products for the field of consumer goods industry.

DEAL STATS #
Overall 2 of 2
Sector: Chemicals M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-28 ICM Products

Cassopolis, Michigan, United States

ICM Products, Inc. is a specialty silicone formulator specializes in the development of silicone polymers, emulsions, defoamers, and other specialty chemicals for use in a broad range of applications and end markets. ICM Products was founded in 1989 and is based in Cassopolis, Michigan.

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