M&A Deal Summary

Gabriel Performance Products Acquires Deltech Resins - Alkyd Resins

On October 24, 2019, Gabriel Performance Products acquired chemicals company Deltech Resins - Alkyd Resins from Deltech Resins

Acquisition Highlights
  • This is Gabriel Performance Products’ 5th transaction in the Chemicals sector.
  • This is Gabriel Performance Products’ 4th transaction in the United States.
  • This is Gabriel Performance Products’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2019-10-24
Target Deltech Resins - Alkyd Resins
Sector Chemicals
Buyer(s) Gabriel Performance Products
Sellers(s) Deltech Resins
Deal Type Divestiture

Target

Deltech Resins - Alkyd Resins

Newark, New Jersey, United States
Deltech Resins Co.'s Alkyd Resins ​is a producer of solvent-based resins for the paint and coating industries.

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Buyer(S) 1

Buyer

Gabriel Performance Products

Ashtabula, Ohio, United States

Category Company
Founded 2001
Sector Chemicals
DESCRIPTION

Gabriel Performance Products LLC is a provider of specialty chemicals. Gabriel develops and manufactures a proprietary line of complex chemicals and provides contract manufacturing services to other chemical producers. Gabriel Performance Products was founded in 2001 and is based in Ashtabula, Ohio.


DEAL STATS #
Overall 5 of 5
Sector (Chemicals) 5 of 5
Type (Divestiture) 3 of 3
State (New Jersey) 1 of 1
Country (United States) 4 of 4
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-06 Royce International

Sarasota, Florida, United States

Royce International Corp. is a custom solutions provider of specialty epoxy resins, diluents, curing agents, and additives. Royce International is based in Sarasota, Florida.

Buy -

Seller(S) 1

SELLER

Deltech Resins

Newark, New Jersey, United States

Category Company
Sector Chemicals
Employees20
DESCRIPTION

Deltech Resins Co. is a producer of solvent-based resin for the paint and coating industries. Deltech also produces water-based coating resins and unsaturated polyester resin systems. Deltech Resins Co. is based in Newark New Jersey.


DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1