Add-on Acquisition • Chemicals

Eastman Acquires Scandiflex do Brasil S.A. Indústrias Químicas

On September 1, 2011, Eastman acquired chemicals company Scandiflex do Brasil S.A. Indústrias Químicas

Acquisition Context
  • This is Eastman’s 3rd transaction in the Chemicals sector.
  • This is Eastman’s 1st transaction in Brazil.

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M&A Deal Summary

Date September 1, 2011
Target Scandiflex do Brasil S.A. Indústrias Químicas
Sector Chemicals
Buyer(s) Eastman
Deal Type Add-on Acquisition

Target Company

Scandiflex do Brasil S.A. Indústrias Químicas

Maua, Brazil
Scandiflex do Brasil S.A. Indústrias Químicas is a manufacturer of plasticizers. Scandiflex a line of polymeric plasticizers and monomeric, including phthalates, adipates, citrates, maleates, sebacates, trimellitates and azelates, intended for various industries such as paints, varnishes , movies, calendared, adhesives, wire and cable, briquettes, packaging, plastics, rubber, textiles, plastisols, hospital, veterinary and crop protection.
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Buyer Overview 1

Buyer

Eastman

Kingsport, Tennessee, United States

Category Company
Founded 1920
Sector Chemicals
Employees14,000
Revenue 9.4B USD (2024)
DESCRIPTION
Eastman Chemical plant in East St. Louis, Illinois.
Eastman Chemical plant in East St. Louis, Illinois.

Eastman is a specialty chemical company that produces a broad range of advanced materials, chemicals, and fibers. Eastman's businesses are managed through five segments including Additives & Functional Products, Adhesives & Plasticizers, Advanced Materials, Fibers, and Specialty Fluids & Intermediates. Eastman was fouded in 1920 and is based in Kingsport, Tennessee.


Deal Context for Buyer #
Overall 4 of 12
Sector: Chemicals 3 of 6
Type: Add-on Acquisition 3 of 9
Country: Brazil 1 of 1
Year: 2011 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-03 Dynaloy

Indianapolis, Indiana, United States

Dynaloy LLC is a manufacturer and seller of cleaning solutions, such as photoresist and residue for multiple applications on a global basis, with focus on the semiconductor industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-02 Solutia

St Louis, Missouri, United States

Solutia is a market-leading performance materials and specialty chemicals company. The company focuses on providing solutions for a better life through a range of products, including: Saflex® polyvinyl butyral interlayers for glass lamination and for photovoltaic module encapsulation and VISTASOLAR® ethylene vinyl acetate films for photovoltaic module encapsulation.

Buy $4.8B

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