M&A Deal Summary

J.M. Huber Acquires Noviant

On June 5, 2001, J.M. Huber acquired chemicals company Noviant from IK Partners

Acquisition Highlights
  • This is J.M. Huber’s 1st transaction in the Chemicals sector.
  • This is J.M. Huber’s 1st transaction in Finland.

M&A Deal Summary

Date 2001-06-05
Target Noviant
Sector Chemicals
Buyer(s) J.M. Huber
Sellers(s) IK Partners
Deal Type Add-on Acquisition

Target

Noviant

Aanekoski, Finland
Noviant is a developer and producer of carboxymethyl cellulose (CMC). CMC is marketed for a large variety of applications including paper coating, food, pharmaceuticals, oil drilling and detergents. Noviant is based in Aanekoski, Finland.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

J.M. Huber

Edison, New Jersey, United States

Category Company
Founded 1883
Sector Chemicals
DESCRIPTION

J.M. Huber Corporation, through its subsidiaries, engages in hydrocolloids, specialty chemicals and minerals, and engineered woods businesses in the United States and internationally.


DEAL STATS #
Overall 1 of 5
Sector: Chemicals M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 5
Country: Finland M&A 1 of 1
Year: 2001 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 Demica

London, United Kingdom

Demica provides innovative, bespoke working capital solutions to a wide range of major financial institutions, corporates and boutique clients. Demica is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

IK Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 14.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

IK Partners is a private equity firm that targets control investments in lower middle-market to large-sized companies throughout Europe. IK focuses on growth businesses located in the Benelux region, as well as Denmark, Finland, France, Germany, Norway and Sweden. The Firm looks to commit €10 to €300 million of equity capital per transaction and targets companies with strong cash-flows. IK Investment Partners was formerly known as Industry Kapital. IK Partners was formed in 1989 and is based in London, England.


DEAL STATS #
Overall 16 of 122
Sector: Chemicals M&A 2 of 4
Type: Add-on Acquisition M&A Deals 8 of 44
Country: Finland M&A 3 of 9
Year: 2001 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-01 Perstorp

Malmo, Sweden

Perstorp is a provider in the production of specialty chemical additives notably for the coatings and resin industries. Perstorp was founded in 1881 and is based in Malmo, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-20 Kongsberg Automotive

Kongsberg, Norway

Kongsberg Automotive is a niche auto components supplier with a strong market position in seat heating, clutch actuation and automatic/hydraulic gearshift systems. Customer segments include the car industry and commercial vehicles. Kongsberg Automotive was founded in 1957 and is based in Kongsberg, Norway.

Sell -