Divestiture • Chemicals

Galata Chemicals Acquires Axiall - Solucor Business

On February 25, 2016, Galata Chemicals acquired chemicals company Axiall - Solucor Business from Axiall

Acquisition Context
  • This is Galata Chemicals’ 1st transaction in the Chemicals sector.
  • This is Galata Chemicals’ 1st transaction in the United States.

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M&A Deal Summary

Date February 25, 2016
Target Axiall - Solucor Business
Sector Chemicals
Buyer(s) Galata Chemicals
Sellers(s) Axiall
Deal Type Divestiture

Target Company

Axiall - Solucor Business

United States
Axiall - Solucor Business is a manufacturer of high-quality additives for rigid PVC applications, focusing on a broad mix of process aids and impact modifiers, among other products. Solucor additives have a solid track record of successful performance in their targeted applications dating to their inception
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Buyer Overview 1

Buyer

Galata Chemicals

Jersey, New Jersey, United States

Category Company
Founded 2010
Sector Chemicals
Revenue 374M USD (2008)
DESCRIPTION

Galata Chemicals is a manufacturer and distributor of additives for polyvinyl chloride and associated industries formed with the acquisition of Chemtura's PVC Additives business. It offers organotin heat stabilizers, mixed metal heat stabilizers, epoxidized soybean oil, bio-based plasticizers, organotin catalysts, and polymer modifiers. Galata Chemicals was founded in 2010 and is based in Jersey City.


Deal Context for Buyer #
Overall 1 of 1
Sector: Chemicals 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1

Seller Profile 1

SELLER

Axiall

Atlanta, Georgia, United States

Category Company
Founded 1984
Sector Chemicals
Employees5,830
Revenue 3.4B USD (2015)
DESCRIPTION

Axiall Corp. is an integrated chemicals and building products company. Axiall has manufacturing facilities located throughout North America and in Asia to provide industry-leading materials and services to customers.


Deal Context for Seller #
Overall 4 of 5
Sector: Chemicals 3 of 4
Type: Divestiture 4 of 4
Country: United States 3 of 3
Year: 2016 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-25 ENERGI Fenestration Solutions

Woodbridge, Ontario, Canada

ENERGI Fenestration Solutions is a manufacturer and distributor of a broad range of state-of-the-art exterior building materials for the home remodeling, building and municipal construction markets.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-11 Taiwan Chlorine Industries

Kaohsiung, Taiwan

Taiwan Chlorine Industries Ltd. is a manufactuer of paints, coatings and materials. Taiwan Chlorine Industries was established in 1986 and is based in Kaohsiung, Taiwan.

Sell -

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