Divestiture • Chemicals

Kemira Acquires BASF - Global Alkyl Ketene Dimer Emulsion Business

On February 27, 2014, Kemira acquired chemicals company BASF - Global Alkyl Ketene Dimer Emulsion Business from BASF

Acquisition Context
  • This is Kemira’s 11th transaction in the Chemicals sector.
  • This is Kemira’s 2nd transaction in Germany.

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M&A Deal Summary

Date February 27, 2014
Target BASF - Global Alkyl Ketene Dimer Emulsion Business
Sector Chemicals
Buyer(s) Kemira
Sellers(s) BASF
Deal Type Divestiture

Target Company

BASF - Global Alkyl Ketene Dimer Emulsion Business

Germany
BASF - Global Alkyl Ketene Dimer Emulsion Business comprises a business unit that offers alkyl ketene dimer (AKD) emulsion products.
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Buyer Overview 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 Context for Buyer #
Overall 16 of 20
Sector: Chemicals 11 of 13
Type: Divestiture 7 of 8
Country: Germany 2 of 2
Year: 2014 2 of 3
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
2014-07-08 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.

Buy €153M

Seller Profile 1

SELLER

BASF

Ludwigshafen, Germany

Category Company
Founded 1865
Sector Chemicals
Employees110,918
Revenue 65.3B EUR (2024)
DESCRIPTION
Entrance to BASF's office in Florham Park, New Jersey.
Entrance to BASF's office in Florham Park, New Jersey.

BASF is a global producer of chemicals. BASF looks to combine economic success with environmental protection and social responsibility. BASF was founded in 1865 and is based in Ludwigshafen, Germany.


Deal Context for Seller #
Overall 12 of 27
Sector: Chemicals 6 of 20
Type: Divestiture 10 of 25
Country: Germany 7 of 15
Year: 2014 2 of 3
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.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-04 PolyAd Services

Earth City, United States

PolyAd Services, Inc. is a developer and manufacturer of additive solutions for the global plastics market.

Sell -

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