M&A Deal Summary

Elkem AS Acquires Polysil

On December 30, 2019, Elkem AS acquired chemicals company Polysil

Acquisition Highlights
  • This is Elkem AS’s 2nd transaction in the Chemicals sector.
  • This is Elkem AS’s 1st transaction in China.

M&A Deal Summary

Date 2019-12-30
Target Polysil
Sector Chemicals
Buyer(s) Elkem AS
Deal Type Add-on Acquisition

Target

Polysil

Guangdong, China
Guangdong Polysil Technology Co., Ltd. is a silicone elastomer & resins material manufacturer with strong positions in baby care and food grade silicones, as well as silicone products for the electronics and medical markets. Guangdong Polysil Technology is based in Guangdong, China.

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Buyer(S) 1

Buyer

Elkem AS

Skøyen, Norway

Category Company
Founded 1904
Sector Chemicals
DESCRIPTION

Elkem is a environment-friendly production of materials. Company principal products are solar grade silicon, silicon, special alloys for the foundry industry, carbon and microsilica.


DEAL STATS #
Overall 2 of 3
Sector: Chemicals M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
Country: China M&A 1 of 1
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-16 Basel Chemie Co.

Chungcheongnam-do, South Korea

Basel Chemie Co., Ltd. is a downstream silicones producer with a high-end speciality portfolio for both skin care and colour cosmetic applications, and water repellents for the construction industry. Basel Chemie Co., Ltd. was founded in 1999 and is based in Chungcheongnam-do, South Korea.

Buy $27M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-09 Elkem Carbon

Banskobystricky, Slovakia

Elkem Carbon is a producer of carbon materials. Elkem Carbon was founded in 1954 and is based in Banskobystricky, Slovakia.

Buy -