M&A Deal Summary

COIM USA Acquires Air Product Polyurethane Pre-Polymers Business

On December 1, 2009, COIM USA acquired chemicals company Air Product Polyurethane Pre-Polymers Business from Air Products and Chemicals

Acquisition Highlights
  • This is COIM USA’s 1st transaction in the Chemicals sector.
  • This is COIM USA’s 1st transaction in the United States.
  • This is COIM USA’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2009-12-01
Target Air Product Polyurethane Pre-Polymers Business
Sector Chemicals
Buyer(s) COIM USA
Sellers(s) Air Products and Chemicals
Deal Type Divestiture

Target

Air Product Polyurethane Pre-Polymers Business

Allentown, Pennsylvania, United States
Air Product Polyurethane Pre-Polymers Business manufactures and markets polyester and polyether polymers under the brand names of Airthane and Versathane.

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Buyer(S) 1

Buyer

COIM USA

West Deptford, New Jersey, United States

Category Company
Founded 2001
Sector Chemicals
DESCRIPTION

COIM USA Inc. manufactures and distributes adhesives and coatings to the flexible packaging market.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1

Seller(S) 1

SELLER

Air Products and Chemicals

Allentown, Pennsylvania, United States

Category Company
Founded 1940
Sector Chemicals
Employees23,000
Revenue 12.1B USD (2024)
DESCRIPTION

Air Products and Chemicals serves energy, electronics, chemicals, steel, and manufacturing customers globally with a unique portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. The Company is a supplier of hydrogen and helium and has built leading positions in growth markets such as semiconductor materials, refinery hydrogen, natural gas liquefaction, and advanced coatings and adhesives. Air Products and Chemicals was incorporated in 1940 and is based in Allentown, Pennsylvania.


DEAL STATS #
Overall 9 of 15
Sector: Chemicals M&A 7 of 9
Type: Divestiture M&A Deals 9 of 13
State: Pennsylvania M&A 1 of 3
Country: United States M&A 9 of 13
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-05 A&J Care

Glendale, New York, United States

A&J Care, Inc. is a provider of durable medical equipment, respiratory and infusion services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-07 Goar Allison & Associates

Tyler, Texas, United States

Goar, Allison & Associates, Inc., a process engineering company and a provider in the development and promotion of improved sulfur recovery technologies for the energy industry. Offers a broad spectrum of process engineering capabilities in sulfur recovery and processing.

Sell -