M&A Deal Summary

Huntsman Acquires Vantico Group S.A.

On July 2, 2003, Huntsman acquired chemicals company Vantico Group S.A. from Intermediate Capital Group

Acquisition Highlights
  • This is Huntsman’s 3rd transaction in the Chemicals sector.
  • This is Huntsman’s 1st transaction in Luxembourg.

M&A Deal Summary
Date 2003-07-02
Target Vantico Group S.A.
Sector Chemicals
Buyer(s) Huntsman
Sellers(s) Intermediate Capital Group
Deal Type Add-on Acquisition

Target

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.

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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 3 of 16
Sector (Chemicals) 3 of 12
Type (Add-on Acquisition) 1 of 8
Country (Luxembourg) 1 of 1
Year (2003) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-04 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").

Buy £1.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-31 HMP Equity Holdings

Salt Lake City, Utah, United States

HMP Equity Holdings Corp. is a provider of financial services.

Buy -

Seller(S) 1

SELLER

Intermediate Capital Group

London, United Kingdom

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 1989
PE ASSETS 74.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Intermediate Capital Group (ICG) is a global mezzanine finance firm. IGC looks to provide junior capital to support a wide range of transactions, including buyouts, debt restructurings, and development financing. The Firm generally invests alongside financial sponsors and management teams in transactions valued from €250 million to €1 billion. ICG was formed in 1989 and is headquartered in London.

DEAL STATS #
Overall 30 of 217
Sector (Chemicals) 2 of 7
Type (Add-on Acquisition) 9 of 67
Country (Luxembourg) 1 of 3
Year (2003) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-27 Frans Bonhomme

Joué lès Tours, France

Frans Bonhomme is a provider in the distribution of plastic pipes and fittings. Frans Bonhomme was founded in 1935 and is based in Joué lès Tours, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-11 IG Group

London, United Kingdom

IG Group is a provider of speculative investment products to retail and institutional clients around the world. IG Group was founded in 1974 and is based in London, the United Kingdom.

Buy -
Mergr

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