M&A Deal Summary

Cytec Industries Acquires UMECO

On July 20, 2012, Cytec Industries acquired chemicals company UMECO for 439M USD

Acquisition Highlights
  • This is Cytec Industries’ 1st transaction in the Chemicals sector.
  • This is Cytec Industries’ largest (disclosed) transaction.
  • This is Cytec Industries’ 1st transaction in the United Kingdom.
Investment Fate
  • UMECO was divested to a consortium of buyers in 2013.

M&A Deal Summary
Date 2012-07-20
Target UMECO
Sector Chemicals
Buyer(s) Cytec Industries
Deal Type Add-on Acquisition
Deal Value 439M USD

Target

UMECO

Leamington Spa, United Kingdom
Umeco plc is an international provider of advanced composite materials, primarily to the aerospace and defense industries, and industrial sectors such as automotive. Serving high growth, global end markets, Umeco's Structural Materials business focuses on the development, manufacture and supply of advanced composite materials, and its Process Materials business focuses on the development, manufacture and supply of processing materials for the composites industry.

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Buyer(S) 1

Buyer

Cytec Industries

Woodland Park, New Jersey, United States
Category Company
Founded 1993
Sector Chemicals
Employees4,600
Revenue 2.0B USD (2014)
DESCRIPTION

Cytec Industries Inc., is a specialty materials and chemicals company, focuses on developing, manufacturing, and selling value-added products for aerospace and industrial materials, mining, and plastics industries.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-31 Cornerstone Chemical

Waggaman, Louisiana, United States

Cornerstone Chemicals is a producer of a group of high-value intermediate chemicals, including acrylonitrile, melamine, sulfuric acid and diesel exhaust fluid. The company manufactures its products in multiple plants on its owned and highly-integrated 800-acre chemical complex. Cornerstone Chemical was established in 1952 and is headquartered in Waggaman, Louisiana.

Sell $180M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-15 UMECO

Leamington Spa, United Kingdom

Umeco plc is an international provider of advanced composite materials, primarily to the aerospace and defense industries, and industrial sectors such as automotive. Serving high growth, global end markets, Umeco's Structural Materials business focuses on the development, manufacture and supply of advanced composite materials, and its Process Materials business focuses on the development, manufacture and supply of processing materials for the composites industry.

Sell -
Mergr

Product

Company

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