M&A Deal Summary

Huntsman Acquires HMP Equity Holdings

On December 31, 2004, Huntsman acquired financial services company HMP Equity Holdings

Acquisition Highlights
  • This is Huntsman’s 1st transaction in the Financial Services sector.
  • This is Huntsman’s 1st transaction in the United States.
  • This is Huntsman’s 1st transaction in Utah.

M&A Deal Summary
Date 2004-12-31
Target HMP Equity Holdings
Sector Financial Services
Buyer(s) Huntsman
Deal Type Add-on Acquisition

Target

HMP Equity Holdings

Salt Lake City, Utah, United States
HMP Equity Holdings Corp. is a provider of financial services.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Huntsman

The Woodlands, Texas, United States
Category Company
Founded 1970
Sector Chemicals
Employees6,000
Revenue 6.1B USD (2023)
DESCRIPTION
Entrance to Huntsman's corporate headquarters in The Woodlands, Texas.
Entrance to Huntsman's corporate headquarters in The Woodlands, Texas.

Huntsman is a manufacturer of differentiated organic chemical products and inorganic chemical products. The Company's products comprise a broad range of chemicals and formulations which are marketed globally to a diversified group of consumer and industrial customers. Huntsman's products are used in a wide range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging, paints and coatings, power generation, refining, synthetic fiber, textile chemicals and dye industries. Huntsman was founded in 1970 and is based in The Woodlands, Texas.

DEAL STATS #
Overall 4 of 16
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 2 of 8
State (Utah) 1 of 1
Country (United States) 1 of 6
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-02 Vantico Group S.A.

Luxembourg City, Luxembourg

Vantico is a global epoxy resin manufacture. Its products provide solutions for protection, bonding and forming to a broad range of applications and end users. Important end markets include: automotive, aircraft and aerospace, civil engineering, electrical and electronics, chemical, food and beverage, marine, leisure, textile and light engineering.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-26 Huntsman s European Chemicals and Polymers Business

United Kingdom

Huntsman's European Chemicals and Polymers Business is a global manufacturer and marketer of specialty and commodity chemicals throughout its four principal businesses: polyurethane chemicals (in particular "MDI"), propylene oxide ("PO"), petrochemicals (in particular olefins) and titanium dioxide ("TiO2").

Sell $826M
Mergr

Product

Company

Legal