M&A Deal Summary |
|
|---|---|
| Date | 2021-06-14 |
| Target | Clariant Pigments |
| Sector | Chemicals |
| Buyer(s) |
SK Capital Partners
Heubach |
| Sellers(s) | Clariant AG |
| Deal Type | Divestiture |
| Deal Value | 805M CHF |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 4.9B USD |
| Size | Large |
| Type | Sector Agnostic |
SK Capital Partners is a private investor in mature and middle-market companies located throughout North America. SK Capital focuses on companies with opportunities for substantial business improvement and strong growth prospects. The Firm looks to invest $100 to $200 million of equity in transactions valued up to $500 million. Prospective businesses typically generate $50 to $500 million in revenues and at least $100 million in EBITDA. Areas of interest include specialty materials, chemicals and healthcare. The Firm will consider a variety of transaction situations, including buyouts, recapitalizations, growth equity financings, and corporate carve-outs. SK Capital Partners was spun out of Arsenal Capital Partners and became independent in 2007. SK Capital Partners is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 41 |
| Sector (Chemicals) | 19 of 21 |
| Type (Divestiture) | 13 of 16 |
| Country (Switzerland) | 3 of 3 |
| Year (2021) | 6 of 7 |
| Size (of disclosed) | 3 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-27 |
Canlak
Daveluyville, Quebec, Canada Canlak is a manufacturer of specialty chemicals. Canlak was founded in 1981 and is based in Daveluyville, Quebec. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-16 |
Perimeter Solutions
Clayton, Missouri, United States Perimeter Solutions is a manufacturer of firefighting chemicals and lubricant additives. The Fire Safety business includes formulation and manufacturing of fire management products along with services and pre-treatment solutions for managing wildland, military, industrial and municipal fires. Perimeter Solutions was established in 2018 and is based in Clayton, Missouri. |
Sell | $2.0B |
Heubach is a global producer of organic, inorganic, and non-toxic anti-corrosive pigments, operating four global production locations and employing approximately 1,000 people. Over the years, it has developed a leading technology position, built internally and from the successful takeovers of pigment activities from Bayer, DuPont, and ICI. The company operates its global business according to “Best-in-Class” German standards with a focus on EHS excellence, quality leadership, product stewardship, and innovation. Heubach is headquartered in Langelsheim, Germany, and has sites in Germany, the US, and India with sales offices around the world.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Chemicals) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Switzerland) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
Clariant AG is a specialty chemicals company. Clariant offers chemicals such as adsorbents, biocides, industrial ingredients, and detergents, as well as chemicals and dyes for textiles, leather, and paper. Clariant also manufacturers de-icing agents and fire retardants.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 14 |
| Sector (Chemicals) | 9 of 10 |
| Type (Divestiture) | 13 of 14 |
| Country (Switzerland) | 6 of 7 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 2 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-15 |
Clariant AG - Surfactant Business and Sulfate Production Equipment
Santa Clara, Mexico Clariant AG - Surfactant Business and Sulfate Production Equipment is a provider of chemical products used in household, industrial, and personal care. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-28 |
BASF - Attapulgite Business
United States BASF's Attapulgite Business is an attapulgite miners and producers in North America, with mining operations in Georgia and Florida and processing operations in Quincy, Florida. The business produces attapulgite-based products for a wide range of applications and end markets. |
Buy | $60M |
