M&A Deal Summary |
|
|---|---|
| Date | 2016-05-06 |
| Target | Air Products - Performance Materials Division |
| Sector | Chemicals |
| Buyer(s) | Evonik Industries |
| Sellers(s) | Air Products and Chemicals |
| Deal Type | Divestiture |
| Deal Value | 3.8B USD |
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| Category | Company |
|---|---|
| Founded | 1873 |
| Sector | Diversified |
| Employees | 33,090 |
| Revenue | 15.3B EUR (2023) |
Evonik Industries is an industrial corporation with worldwide operations grouped in three business areas Chemicals, Energy and Real Estate which are positioned at the forefront of their market segments. It is a global leader in specialty chemicals (former Degussa), an expert in power generation from hard coal and renewable energies (former STEAG) and one of Germany's largest privately owned residential real estate companies. Evonik Industries was founded in 1873 and is based in Essen, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 12 |
| Sector (Chemicals) | 6 of 7 |
| Type (Divestiture) | 3 of 3 |
| Country (United States) | 5 of 6 |
| Year (2016) | 3 of 3 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-06 |
Alkion Biopharma SAS
Evry, France Alkion Biopharma SAS is a manufacturer of biotechnologically developed cosmetic active ingredients. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-13 |
Dr. Straetmans
Hamburg, Germany Dr. Straetmans GmbH is a supplier and trader of high-quality raw materials, and also as a developer and trendsetter of innovative concepts and formulations. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1940 |
| Sector | Chemicals |
| Employees | 20,000 |
| Revenue | 12.6B USD (2023) |
Air Products and Chemicals serves energy, electronics, chemicals, steel, and manufacturing customers globally with a unique portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. The Company is a supplier of hydrogen and helium and has built leading positions in growth markets such as semiconductor materials, refinery hydrogen, natural gas liquefaction, and advanced coatings and adhesives. Air Products and Chemicals was incorporated in 1940 and is based in Allentown, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 15 |
| Sector (Chemicals) | 8 of 9 |
| Type (Divestiture) | 12 of 13 |
| Country (United States) | 11 of 13 |
| Year (2016) | 1 of 2 |
| Size (of disclosed) | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-30 |
Baywater Healthcare
Crewe, United Kingdom Baywater Healthcare is an independent specialist provider of Homecare services to patients with long term conditions, delivering a high-quality, cost-effective solution with a focus on customer service and patient care. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-03 |
Versum Materials
Allentown, Pennsylvania, United States Versum Materials, Inc. is an electronic materials company providing high-purity chemicals and gases, delivery systems, services, and materials expertise to meet the evolving needs of the global semiconductor and display industries. Versum Materials Inc. is based in Allentown, Pennsylvania. |
Sell | - |
