M&A Deal Summary

Molecular Products Acquires OC Lugo Co.

On November 4, 2019, Molecular Products acquired chemicals company OC Lugo Co.

Acquisition Highlights
  • This is Molecular Products’ 2nd transaction in the Chemicals sector.
  • This is Molecular Products’ 1st transaction in the United States.
  • This is Molecular Products’ 1st transaction in New York.

M&A Deal Summary

Date 2019-11-04
Target OC Lugo Co.
Sector Chemicals
Buyer(s) Molecular Products
Deal Type Add-on Acquisition

Target

OC Lugo Co.

Nyack, New York, United States
OC Lugo Co., Inc. is a manufacturer of sodium chlorate-based chemical oxygen generators and is a prime contractor for the United States Navy. Chemical oxygen generators are devices used to produce pure, breathable oxygen for use in enclosed spaces, including submarines. OC Lugo is based in Nyack, New York.

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Buyer(S) 1

Buyer

Molecular Products

Harlow, United Kingdom

Category Company
Founded 1924
Sector Chemicals
DESCRIPTION

Molecular Products is a manufacturer of advanced chemistry-based products serving the healthcare, defense, and industrial markets. The Company primarily specializes in the manufacture and supply of chemical technologies for the treatment of breathable gases. Molecular Products was founded in 1924 and is based in Harlow, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Chemicals M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-17 Henkel AG & Co. KGaA - SODASORB Business

Düsseldorf, Germany

Henkel AG & Co. KGaA - SODASORB Business product range includes carbon dioxide absorbents which have been trusted globally for decades in the healthcare and safety industries. SODASORB® products help to safely and efficiently remove carbon dioxide from anesthesia systems, saturation diving chambers, diving re-breathers, and industrial safety equipment.

Buy -