M&A Deal Summary

Peter Greven KG Acquires Norac - Additives Division

On October 20, 2017, Peter Greven KG acquired chemicals company Norac - Additives Division from Norac

Acquisition Highlights
  • This is Peter Greven KG’s 1st transaction in the Chemicals sector.
  • This is Peter Greven KG’s 1st transaction in the United States.
  • This is Peter Greven KG’s 1st transaction in California.

M&A Deal Summary
Date 2017-10-20
Target Norac - Additives Division
Sector Chemicals
Buyer(s) Peter Greven KG
Sellers(s) Norac
Deal Type Divestiture

Target

Norac - Additives Division

Azusa, California, United States
Norac, Inc. - Additives Division is specializes in the production and sale of various plastic additives, including metallic stearates, ester lubricants and PVC heat stabilizers, and possesses long-term application expertise within the plastic industry.

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Buyer(S) 1

Buyer

Peter Greven KG

Bad Munstereifel, Germany
Category Company
Sector Chemicals
DESCRIPTION

Peter Greven GmbH & Co.KG is a provider of broad product range containing metallic and alkali soaps as well as esters and dispersions. The company supplies customers in various industries worldwide. Through the formation of Norac Additives, the company's presence in the USA, as well as its position within the plastic industry worldwide, shall be strengthened and extended.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

Norac

Azusa, California, United States
Category Company
Founded 1953
Sector Chemicals
DESCRIPTION

Norac, Inc. is a chemical company provides organic peroxides, metallic stearates, and pharma services.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
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