M&A Deal Summary |
|
|---|---|
| Date | 2018-11-15 |
| Target | Ashland - Composites Business & Butanediol Facility |
| Sector | Chemicals |
| Buyer(s) | INEOS Group AG |
| Sellers(s) | Ashland |
| Deal Type | Divestiture |
| Deal Value | 1.1B USD |
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INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. It comprises 18 businesses each with a major chemical company heritage. Its production network spans 67 sites in 16 countries throughout the world. INEOS is a young company. It has grown to become a leading chemical company with sales today of around $40 billion.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector: Chemicals M&A | 1 of 3 |
| Type: Divestiture M&A Deals | 1 of 3 |
| State: Kentucky M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2018 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-01 |
INEOS Baleycourt
Netherlands INEOS Baleycourt is a producer of high-quality products that serve the polymer additives, lubricant, renewable energy and food markets. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-29 |
BP - Global Aromatics and Acetyls Business
Switzerland BP plc - Global Aromatics and Acetyls Business comprise 15 sites across the world (5 in the Americas, 2 in Europe, and 8 in Asia) as well as 10 leading joint ventures. Aromatics provides the building blocks for the global polyester industry, the key to fibers, films, and packaging. Acetyls support a wide range of downstream industries in food flavoring and preservation, pharmaceuticals, paints, adhesives, and packaging. |
Buy | $5M |
Ashland is a global specialty chemicals company. Ashland has three reportable segments: Specialty Ingredients, Performance Materials, and Valvoline. Specialty Ingredients is a global provider of cellulose ethers, vinyl pyrrolidones, and biofunctionals. Performance Materials is composed of two divisions: Composites and Intermediates/Solvents. Performance Materials is a global provider of unsaturated polyester resins and vinyl ester resins. Ashland was founded in 1924 and is based in Wilmington, Delaware.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 15 |
| Sector: Chemicals M&A | 7 of 11 |
| Type: Divestiture M&A Deals | 7 of 13 |
| State: Kentucky M&A | 2 of 4 |
| Country: United States M&A | 9 of 15 |
| Year: 2018 M&A | 1 of 1 |
| Size (of disclosed) | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-22 |
Valvoline
Lexington, Kentucky, United States Valvoline is a worldwide producer and distributor of branded automotive, commercial and industrial lubricants, and automotive chemicals. Valvoline was founded 1866 and is based in Lexington, Kentucky. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-27 |
Ashland - Maleic Anhydride Business
Neal, West Virginia, United States Ashland, Inc. - Maleic Anhydride Business is manufactured industrially on a large scale for applications in coatings and polymers. |
Sell | $100M |
