M&A Deal Summary

Kemira Acquires Akzo Nobel - Paper Chemical Business

On July 8, 2014, Kemira acquired chemicals company Akzo Nobel - Paper Chemical Business from Akzo Nobel for 153M EUR

Acquisition Highlights
  • This is Kemira’s 12th transaction in the Chemicals sector.
  • This is Kemira’s 3rd largest (disclosed) transaction.
  • This is Kemira’s 2nd transaction in the Netherlands.

M&A Deal Summary

Date 2014-07-08
Target Akzo Nobel - Paper Chemical Business
Sector Chemicals
Buyer(s) Kemira
Sellers(s) Akzo Nobel
Deal Type Divestiture
Deal Value 153M EUR

Target

Akzo Nobel - Paper Chemical Business

Netherlands
AkzoNobel's paper chemicals business includes products for retention and sizing, as well as other paper chemicals, including wet strength and coating products.

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Buyer(S) 1

Buyer

Kemira

Helsinki, Finland

Category Company
Founded 1920
Sector Chemicals
Employees4,851
Revenue 2.9B EUR (2024)
DESCRIPTION

Kemira is a provider of sustainable chemical solutions for water-intensive industries, delivering tailored products and services to improve the product quality, processes, and resource efficiency of our diverse range of customers. Kemira was founded in 1920 and is based in Helsinki, Finland.


DEAL STATS #
Overall 17 of 20
Sector: Chemicals M&A 12 of 13
Type: Divestiture M&A Deals 8 of 8
Country: Netherlands M&A 2 of 2
Year: 2014 M&A 3 of 3
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-27 BASF - Global Alkyl Ketene Dimer Emulsion Business

Germany

AKD is an alkyl ketene dimer based sizing agent, which impacts paper and board hydrophobicity or water resistance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-02 Soto Industries

Charlotte, North Carolina, United States

Soto Industries, LLC is a provider of specialty chemicals and services to the pulp and paper industry.

Buy -

Seller(S) 1

SELLER

Akzo Nobel

Amsterdam, Netherlands

Category Company
Founded 1646
Sector Chemicals
Employees33,700
Revenue 10.7B EUR (2024)
DESCRIPTION

Akzo Nobel is a producer of decorative paints, performance coatings and specialty chemicals. Akzo Nobel was founded in 1646 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 13 of 16
Sector: Chemicals M&A 7 of 9
Type: Divestiture M&A Deals 12 of 14
Country: Netherlands M&A 5 of 6
Year: 2014 M&A 2 of 3
Size (of disclosed) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-07 AkzoNobel - Primary Amides chemicals Business

Kyungju, South Korea

AkzoNobel - Primary Amides chemicals Business consists of a a manufacturing facility in Kyungju, South Korea and 37 employees.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-14 Akzo Nobel - North American Coatings Business

United States

Akzo Nobel's North American is an architectural coatings business.

Sell $1.1B