M&A Deal Summary

Pidilite Industries Acquires Sargent Art

On June 22, 2006, Pidilite Industries acquired retailer Sargent Art

Acquisition Highlights
  • This is Pidilite Industries’ 1st transaction in the Retail sector.
  • This is Pidilite Industries’ 1st transaction in the United States.
  • This is Pidilite Industries’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2006-06-22
Target Sargent Art
Sector Retail
Buyer(s) Pidilite Industries
Deal Type Add-on Acquisition

Target

Sargent Art

Hazleton, Pennsylvania, United States
Sargent is the supplier of quality art materials to the educational and retail markets throughout the United States.

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Buyer(S) 1

Buyer

Pidilite Industries

Mumbai, India

Category Company
Founded 1959
Sector Chemicals
Employees7,914
Revenue 123.8B INR (2024)
DESCRIPTION

Pidilite Industries is a manufacturer of adhesives and sealants, chemicals, resins, and organic pigments and preparations, for the textile, automotive, arts, construction, paints industries. Pidilite Industries was founded in 1959 and is based in Mumbai, India.


DEAL STATS #
Overall 1 of 2
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-28 Huntsman - DIY Consumer Adhesives Business

India

Huntsman Corp. - DIY Consumer Adhesives Business is a provider of chemical products based in India.

Buy $285M