M&A Deal Summary

Elementis Acquires Hi-Mar Specialty Chemicals

On February 20, 2013, Elementis acquired chemicals company Hi-Mar Specialty Chemicals for 33M USD

Acquisition Highlights
  • This is Elementis’ 2nd transaction in the Chemicals sector.
  • This is Elementis’ 3rd largest (disclosed) transaction.
  • This is Elementis’ 1st transaction in the United States.
  • This is Elementis’ 1st transaction in Wisconsin.

M&A Deal Summary

Date 2013-02-20
Target Hi-Mar Specialty Chemicals
Sector Chemicals
Buyer(s) Elementis
Deal Type Add-on Acquisition
Deal Value 33M USD

Target

Hi-Mar Specialty Chemicals

Milwaukee, Wisconsin, United States
Hi-Mar Specialty Chemicals LLC is a supplier of defoamers to the coatings, construction and oilfield drilling industries, with manufacturing and technical facilities based in Milwaukee, Wisconsin.

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Buyer(S) 1

Buyer

Elementis

London, United Kingdom

Category Company
Founded 1844
Sector Chemicals
Employees1,244
Revenue 738M USD (2024)
DESCRIPTION

Elementis is a specialty chemical company that operates in two segments, Performance Specialties and Personal Care. Elementis was incorporated in 1844 and is based in London, United Kingdom.


DEAL STATS #
Overall 2 of 5
Sector: Chemicals M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 5
State: Wisconsin M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2013 M&A 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-26 Watercryl Quimica

Palmital, Brazil

Watercryl Quimica Ltda. is a supplier of additives to the Brazilian coatings industry, with manufacturing and technical facilities based in Palmital, São Paulo.

Buy $24M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 SRL Dental

Ludwigshafen, Sweden

SRL Dental is a manufacturer and distributor of gypsum-based products and special alloys for dental and medical technology applications, 3D printing as well as technical mold design. SRL Dental is based in Ludwigshafen, Sweden.

Buy -