M&A Deal Summary

Niacet Acquires Kemira Oyj - Kemira ChemSolutions

On December 14, 2012, Niacet acquired chemicals company Kemira Oyj - Kemira ChemSolutions from Kemira for 82M USD

Acquisition Highlights
  • This is Niacet’s 1st transaction in the Chemicals sector.
  • This is Niacet’s largest (disclosed) transaction.
  • This is Niacet’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2012-12-14
Target Kemira Oyj - Kemira ChemSolutions
Sector Chemicals
Buyer(s) Niacet
Sellers(s) Kemira
Deal Type Divestiture
Deal Value 82M USD

Target

Kemira Oyj - Kemira ChemSolutions

Tiel, Netherlands
Kemira ChemSolutions B.V. is one of the global market leaders in the production, application and distribution of organic acid salts.

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Buyer(S) 1

Buyer

Niacet

Niagara Falls, New York, United States

Category Company
Founded 1978
Sector Chemicals
DESCRIPTION

Niacet is a producer of specialty ingredients for food, feed, and pharmaceutical applications and the global leader in propionates and acetates. The Company’s propionates function as preservatives in baked goods and animal feed, while its acetates serve a wide variety of food and pharmaceutical applications. Niacet was established in 1978 and is based in Niagara Falls, New York.


DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
Country (Netherlands) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Kemira

Helsinki, Finland

Category Company
Founded 1920
Sector Chemicals
Employees49,690
Revenue 3.4B EUR (2023)
DESCRIPTION

Kemira is a chemical industry group that Consists of three main segments. Kemira's main shareholder is Oras Invest Oy and its owners, members of the Paasikivi family. Kemira was founded in 1920 and is based in Helsinki, Finland.


DEAL STATS #
Overall 1 of 4
Sector (Chemicals) 1 of 4
Type (Divestiture) 1 of 4
Country (Netherlands) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-06 Water Elements

Lakeland, Florida, United States

Water Elements LLC is a North American manufacturer of inorganic coagulants for municipal and industrial water and wastewater treatment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-01 3F Chimica

Sandrigo, Italy

3F produces dry and emulsion polyacrylamide polymers and related process chemicals. 3F's polymer production is supported by backward integrated key intermediates, such as bio-acrylamide and cationic monomers.

Buy €85M