Add-on Acquisition • Chemicals

Italmatch Acquires FRX Polymers

On October 2, 2019, Italmatch acquired chemicals company FRX Polymers

Acquisition Context
  • This is Italmatch’s 9th transaction in the Chemicals sector.
  • This is Italmatch’s 4th transaction in the United States.
  • This is Italmatch’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date October 2, 2019
Target FRX Polymers
Sector Chemicals
Buyer(s) Italmatch
Deal Type Add-on Acquisition

Target Company

FRX Polymers

Chelmsford, Massachusetts, United States
FRX Polymers, Inc. is a flame retardant solutions provider focused on providing research and development in the field of halogen-free polymeric flame retardant blend components. FRX Polymers was formed in 2007 and operates a pilot plant in Chelmsford, MA and a full scale plant in Antwerp, Belgium.
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Buyer Overview 1

Buyer

Italmatch

Genoa, Italy

Category Company
Founded 1997
Sector Chemicals
Employees780
Revenue 400M EUR (2017)
DESCRIPTION

Italmatch is a chemical group, specialized in performance additives for water treatment, oil & gas, lubricants and plastics, and boasts a wide product range able to fulfil the requirements of the most demanding applications, including personal care. Italmatch was founded in 1997 and is based in Genoa, Italy.


Deal Context for Buyer #
Overall 10 of 11
Sector: Chemicals 9 of 10
Type: Add-on Acquisition 8 of 9
State: Massachusetts 1 of 1
Country: United States 4 of 4
Year: 2019 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-27 Water Science Technologies

Birmingham, Alabama, United States

Water Science Technologies LLC is a blender and chemical solutions provider for the North American oil & gas and industrial water treatment industries, based in Birmingham, Alabama (USA).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-28 Aubin Group

Aberdeenshire, United Kingdom

Aubin Group design, develop and supply chemistry-based, enabling technology to the global oil and gas industry. Aubin Group is based in Aberdeenshire, United Kingdom.

Buy -