M&A Deal Summary

Hui Yu Xin American Acquires Clearon

On March 2, 2016, Hui Yu Xin American acquired chemicals company Clearon from ICL Group

Acquisition Highlights
  • This is Hui Yu Xin American’s 1st transaction in the Chemicals sector.
  • This is Hui Yu Xin American’s 1st transaction in the United States.
  • This is Hui Yu Xin American’s 1st transaction in West Virginia.

M&A Deal Summary
Date 2016-03-02
Target Clearon
Sector Chemicals
Buyer(s) Hui Yu Xin American
Sellers(s) ICL Group
Deal Type Divestiture

Target

Clearon

Charleston, West Virginia, United States
Clearon Corp. is a manufacturer and supplier of water treatment chemicals for the pool and spa industry.

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Buyer(S) 1

Buyer

Hui Yu Xin American

China
Category Company
Sector Chemicals
DESCRIPTION

Hui Yu Xin American Corp. is a specialty chemicals company.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (West Virginia) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

ICL Group

Tel Aviv, Israel
Category Company
Founded 1968
Sector Chemicals
Employees12,733
Revenue 7.5B USD (2023)
DESCRIPTION

ICL Group is a manufacturer of products based on specialty minerals that fulfill humanity's essential needs primarily in three markets: agriculture, food and engineered materials. ICL Group was founded in 1968 and is based in Tel Aviv, Israel.

DEAL STATS #
Overall 4 of 5
Sector (Chemicals) 2 of 3
Type (Divestiture) 4 of 5
State (West Virginia) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-22 Allana Potash

Toronto, Ontario, Canada

Allana Potash Corp. is a mining company engaged in the development of potash assets in Ethiopia.

Buy CA$137M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-08 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 $1.0B
Mergr

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