Add-on Acquisition • Chemicals

DSM-Firmenich Acquires Soluol Chemical Co.

On January 16, 2008, DSM-Firmenich acquired chemicals company Soluol Chemical Co.

Acquisition Context
  • This is DSM-Firmenich’s 4th transaction in the Chemicals sector.
  • This is DSM-Firmenich’s 2nd transaction in the United States.
  • This is DSM-Firmenich’s 1st transaction in Rhode Island.

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M&A Deal Summary

Date January 16, 2008
Target Soluol Chemical Co.
Sector Chemicals
Buyer(s) DSM-Firmenich
Deal Type Add-on Acquisition

Target Company

Soluol Chemical Co.

East Providence, Rhode Island, United States
Soluol is a supplier of a broad range of both water-based and solvent-based high-performance specialty polyurethane resins.
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Buyer Overview 1

Buyer

DSM-Firmenich

Kaiseraugst, Switzerland

Category Company
Founded 1902
Sector Chemicals
Employees26,301
Revenue 12.8B EUR (2024)
DESCRIPTION

DSM-Firmenich specializes in the development, manufacture, and marketing of performance materials, nutritional and pharmaceutical ingredients, and industrial chemicals. The products are used in a wide range of end-markets and applications, such as human and animal nutrition and health, personal care, pharmaceuticals, automotive and transport, coatings and paint, housing, and electrics & electronics. DSM-Firmenich was founded in 1902 and is based in Kaiseraugst, Switzerland.


Deal Context for Buyer #
Overall 5 of 28
Sector: Chemicals 4 of 7
Type: Add-on Acquisition 4 of 19
State: Rhode Island 1 of 1
Country: United States 2 of 11
Year: 2008 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-29 LTP Lipid Technologies Provider AB

Karlshamn, Sweden

LTP Lipid Technologies develops lipid delivery systems for functional foods (including dietary supplements) and pharmaceuticals, using lipids extracted from natural resources such as oat oil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-28 The Polymer Technology Group

Berkeley, California, United States

The Polymer Technology Group engages in the research, development, manufacture, and supply of specialty polymers and precursors for medical devices, diagnostics, and healthcare consumer products.

Buy -