M&A Deal Summary |
|
|---|---|
| Date | 2021-12-07 |
| Target | Materia |
| Sector | Chemicals |
| Buyer(s) | ExxonMobil Chemical |
| Deal Type | Add-on Acquisition |
SEARCH BY
Try For Free 7-Day Free Trial
ExxonMobil Chemical Company is one of the largest petrochemical companies worldwide. The company holds leadership positions in some of the largest-volume and highest-growth commodity petrochemical products in the world. ExxonMobil Chemical Company has manufacturing capacity in every major region of the world, serving large and growing markets. More than 90 percent of the Company’s chemical capacity is integrated with large refineries or natural gas processing plants.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Chemicals) | 3 of 3 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (California) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-30 |
ExxonMobil Chemical - Santoprene Business
Spring, Texas, United States ExxonMobil Chemical's Santoprene Business develops a ready-to-use material that behaves like rubber but can be processed like a thermoplastic. Compared to materials such as EPDM (ethylene propylene diene polymethylene backbone) or other thermoset rubbers, Santoprene thermoplastic vulcanizates (TPVs) offer: total system costs reduction through manufacturing simplification and weight reduction through a part redesign. Santoprene is a proven solution serving markets as diversified and demanding as automotive, building and construction, industrial and consumer products. |
Sell | $1.2B |
