M&A Deal Summary

Corning Acquires Plastiques Gosselin SA

On October 4, 2010, Corning acquired plastics company Plastiques Gosselin SA from Qualium Investissement

Acquisition Highlights
  • This is Corning’s 1st transaction in the Plastics sector.
  • This is Corning’s 1st transaction in France.

M&A Deal Summary

Date 2010-10-04
Target Plastiques Gosselin SA
Sector Plastics
Buyer(s) Corning
Sellers(s) Qualium Investissement
Deal Type Add-on Acquisition
Advisor(s) Lincoln International (Financial)

Target

Plastiques Gosselin SA

Cedex, France
Plastiques Gosselin SA manufactures disposable plastic laboratory consumables for customers in Europe and internationally.

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Buyer(S) 1

Buyer

Corning

Corning, New York, United States

Category Company
Founded 1851
Sector Manufacturing
Employees56,300
Revenue 13.1B USD (2024)
DESCRIPTION

Corning is a manufacturer of specialty glass and ceramics. The Company creates and makes keystone components that enable systems for consumer electronics, mobile emissions control, optical communications, and life sciences. Corning was founded in 1851 and is based in Corning, New York.


DEAL STATS #
Overall 7 of 17
Sector: Plastics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 14
Country: France M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-16 Axygen BioScience

Union City, California, United States

Axygen Inc is a manufacturer and distributor of high quality life sciences plastic consumables, liquid handling products and bench-top laboratory equipment.

Buy $400M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-31 MobileAccess Networks

Vienna, Virginia, United States

MobileAccess Networks, Inc., is a provider of wireless coverage solutions for all indoor wireless environments. MobileAccess has broad experience deploying its wireless connectivity solutions across vertical markets and around the world, including recent deployments in renowned international facilities. MobileAccess is headquartered in Vienna, Virginia, and has a technology center in the Middle East.

Buy -

Seller(S) 1

SELLER

Qualium Investissement

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 1.6B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Qualium Investissement is a large private equity firm focused on acquiring and investing in French companies. The Firm does not have any sector preferences and prefers buyouts of family-owned or closely held companies that are seeking a change of ownership. Qualium's looks to invest €20 to €75 million in transactions valued up to €250 million. Qualium Investissement is based in Paris.


DEAL STATS #
Overall 12 of 38
Sector: Plastics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 8
Country: France M&A 10 of 36
Year: 2010 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-16 La Foir Fouille

Castelnau-le-Lez, France

La Foir’Fouille is the French joint leader in the distribution of low-cost household goods and leisure products. La Foir'Fouille was founded in 1975 and is based in Castelnau-le-Lez, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-15 THOM Group

Paris, France

THOM Group is a jewellery retailer in shopping centres, operating in the generalist affordable precious jewellery segment of the market where average ticket prices are below €300 but represent over 50% of the market in France. THOM Group is based in Paris, France.

Sell €599M