M&A Deal Summary

PMC Hydraulics Group AB Acquires AkzoNobel - Primary Amides chemicals Business

On January 7, 2014, PMC Hydraulics Group AB acquired chemicals company AkzoNobel - Primary Amides chemicals Business from Akzo Nobel

Acquisition Highlights
  • This is PMC Hydraulics Group AB’s 3rd transaction in the Chemicals sector.
  • This is PMC Hydraulics Group AB’s 1st transaction in South Korea.

M&A Deal Summary

Date 2014-01-07
Target AkzoNobel - Primary Amides chemicals Business
Sector Chemicals
Buyer(s) PMC Hydraulics Group AB
Sellers(s) Akzo Nobel
Deal Type Divestiture

Target

AkzoNobel - Primary Amides chemicals Business

Kyungju, South Korea
AkzoNobel - Primary Amides chemicals Business consists of a a manufacturing facility in Kyungju, South Korea and 37 employees.

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Buyer(S) 1

Buyer

PMC Hydraulics Group AB

Helsingborg, Sweden

Category Company
Founded 1957
Sector Machinery
Revenue 3.1B SEK (2005)
DESCRIPTION

PMC Hydraulics Group AB is a provider of innovative hydraulic systems and components for customers in the industrial, energy, mobile and marine sectors. PMC Hydraulics was formed in 1957 and is based in Helsingborg, Sweden.


DEAL STATS #
Overall 6 of 7
Sector (Chemicals) 3 of 4
Type (Divestiture) 4 of 5
Country (South Korea) 1 of 1
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 PMC Beijing Chemicals

Beijing, China

PMC Beijing Chemicals Co., Ltd. is a worldwide tin stabilizer, organometallic, and organophosphine specialty chemical business.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-13 Lanxess Organometallics

Cologne, Germany

Lanxess Organometallics GmbH is a provider of organotin catalysts, organotin specialties, and intermediates product lines. Lanxess Organometallics is based in Cologne, Germany.

Buy -

Seller(S) 1

SELLER

Akzo Nobel

Amsterdam, Netherlands

Category Company
Founded 1646
Sector Chemicals
Employees35,700
Revenue 10.7B EUR (2023)
DESCRIPTION

Akzo Nobel is a producer of decorative paints, performance coatings and specialty chemicals. Akzo Nobel was founded in 1646 and is based in Amsterdam, the Netherlands.


DEAL STATS #
Overall 12 of 16
Sector (Chemicals) 6 of 9
Type (Divestiture) 11 of 14
Country (South Korea) 1 of 1
Year (2014) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-24 Akzo Nobel NV - Purate Business

Amsterdam, Netherlands

AkzoNobel's Purate business specializes in global antimicrobial water treatment technology. Purate provides patented, proprietary chlorine dioxide programs for use in a wide array of water treatment applications.

Sell -
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.

Sell €153M