M&A Deal Summary

GCP Acquires Halex

On November 9, 2016, GCP acquired building materials company Halex for 47M USD

Acquisition Highlights
  • This is GCP’s 1st transaction in the Building Materials sector.
  • This is GCP’s 2nd largest (disclosed) transaction.
  • This is GCP’s 1st transaction in the United States.
  • This is GCP’s 1st transaction in California.

M&A Deal Summary
Date 2016-11-09
Target Halex
Sector Building Materials
Buyer(s) GCP
Deal Type Add-on Acquisition
Deal Value 47M USD

Target

Halex

Pomona, California, United States
Halex Corp. is a provider of carpetsurfaces, supporting wood flooring & ceramic tile installations and mitigating moisture seepage in concrete.

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Buyer(S) 1

Buyer

GCP

Cambridge, Massachusetts, United States
Category Company
Founded 2015
Sector Chemicals
Employees1,950
Revenue 903M USD (2020)
DESCRIPTION

GCP is a provider of premier specialty construction chemicals and specialty building materials for many of the world’s most renowned structures, and packaging technologies for the best-known consumer brands, delivering results for all our customers. GCP was founded in 2015 and is based in Cambridge, Massachusetts.

DEAL STATS #
Overall 3 of 5
Sector (Building Materials) 1 of 2
Type (Add-on Acquisition) 3 of 5
State (California) 1 of 1
Country (United States) 1 of 2
Year (2016) 2 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-09 SensoCrete

Vaudreuil-Dorion, Quebec, Canada

SensoCrete is a provider of technology company in the ready mix concrete industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-02 GCP Applied Technologies - Darex Packaging Technologies

Cambridge, Massachusetts, United States

GCP Applied Technologies, Inc. - Darex Packaging Technologies is a supplier of high-performance sealants and coatings for the metal packaging industry around the world. It serves various global customers producing beverage, food or aerosol cans, ensuring with its solutions the highest quality standards for many best-known brands.

Sell $1.1B
Mergr

Product

Company

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