M&A Deal Summary

Eastman Renewable Materials Acquires TetraVitae Bioscience

On November 2, 2011, Eastman Renewable Materials acquired chemicals company TetraVitae Bioscience

Acquisition Highlights
  • This is Eastman Renewable Materials’ 1st transaction in the Chemicals sector.
  • This is Eastman Renewable Materials’ 1st transaction in the United States.
  • This is Eastman Renewable Materials’ 1st transaction in Illinois.

M&A Deal Summary
Date 2011-11-02
Target TetraVitae Bioscience
Sector Chemicals
Buyer(s) Eastman Renewable Materials
Deal Type Add-on Acquisition
Advisor(s) DecisionPoint Advisors (Financial)

Target

TetraVitae Bioscience

Chicago, Illinois, United States
TetraVitae is a developer of renewable chemicals, including bio-based butanol and acetone.

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Buyer(S) 1

Buyer

Eastman Renewable Materials

United States
Category Company
Sector Chemicals
DESCRIPTION

Eastman Renewable Materials, LLC, a wholly-owned subsidiary of Eastman Chemical Company.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Mergr

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