M&A Deal Summary

Eastman Acquires Taminco

On September 11, 2014, Eastman acquired chemicals company Taminco for 2.8B USD

Acquisition Highlights
  • This is Eastman’s 5th transaction in the Chemicals sector.
  • This is Eastman’s 2nd largest (disclosed) transaction.
  • This is Eastman’s 6th transaction in the United States.
  • This is Eastman’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2014-09-11
Target Taminco
Sector Chemicals
Buyer(s) Eastman
Deal Type Add-on Acquisition
Deal Value 2.8B USD
Advisor(s) Morgan Stanley (Financial)
Kirkland & Ellis (Legal)

Target

Taminco

Allentown, Pennsylvania, United States
Taminco is a global specialty chemical company, with a clear focus on niche markets. Taminco is the world's leading producer of alkylamines & derivatives and a major producer of formic acid & derivatives, supplying diversified, global end markets. Taminco's products are used by customers in the manufacture of a diverse array of products for the agriculture, animal nutrition, water treatment, personal & home care and oil & gas end-markets, and its products provide these goods with a variety of ancillary characteristics required for optimal performance. Taminco currently operates in 23 countries with eight production facilities.

Search 200,577 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Eastman

Kingsport, Tennessee, United States
Category Company
Founded 1920
Sector Chemicals
Employees14,000
Revenue 9.2B USD (2023)
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 STATS #
Overall 8 of 12
Sector (Chemicals) 5 of 6
Type (Add-on Acquisition) 6 of 9
State (Pennsylvania) 1 of 1
Country (United States) 6 of 7
Year (2014) 3 of 3
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-13 Commonwealth Laminating & Coating

Martinsville, Virginia, United States

SunTek Holding Co. is a designer, manufacturer and distributor of window film to the automotive, residential and commercial markets. The company employs state-of-the-art manufacturing methods and equipment to produce a broad line of window film products, which it distributes directly to dealers through centers in Martinsville, Houston, Phoenix and Dania Beach, Florida. The Company also accesses the international market via a network of established distributors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-11 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.

Sell $13M
Mergr

Product

Company

Legal