M&A Deal Summary

PMC Isochem Acquires Framochem Kft

On January 1, 2002, PMC Isochem acquired chemicals company Framochem Kft from BorsodChem Zrt and SNPE S.A.

Acquisition Highlights
  • This is PMC Isochem’s 1st transaction in the Chemicals sector.
  • This is PMC Isochem’s 1st transaction in Hungary.
Investment Fate
  • Framochem Kft was divested to a consortium of strategic buyers in 2014.

M&A Deal Summary

Date 2002-01-01
Target Framochem Kft
Sector Chemicals
Buyer(s) PMC Isochem
Sellers(s) BorsodChem Zrt
SNPE S.A.
Deal Type Divestiture

Target

Framochem Kft

Szerviz ut 5, Hungary
Framochem Kft, is a European-based manufacturer of phosgene products. Framochem Kft is founded in 1993 and is based in Szerviz ut 5, Hungary.

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Buyer(S) 1

Buyer

PMC Isochem

Vert Le Petit, France

Category Company
Sector Chemicals
Revenue 27M EUR (2013)
DESCRIPTION

PMC Isochem is a provider of fine chemicals as well as phosgene derivatives for clients of the pharmaceutical, cosmetics, agrochemical and intermediate sectors. PMC Isochem is based in Vert Le Petit, France.


DEAL STATS #
Overall 1 of 2
Sector: Chemicals M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Hungary M&A 1 of 1
Year: 2002 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-19 NeoMPS

San Diego, California, United States

NeoMPS, Inc. is a manufacturer of peptide for research to large-scale peptides for therapeutic applications. NeoMPS also manufactures cosmetic peptides and brings an extensive catalog business .

Sell -

Seller(S) 2

SELLER

BorsodChem Zrt

Kazincbarcika, Hungary

Category Company
Founded 1949
Sector Chemicals
Employees4,186
DESCRIPTION

BorsodChem (‘BC’) is a European producer of isocyanate-based chemicals and PVC, headquartered in Kazincbarcika, Hungary. BorsodChem’s core products are toluene diisocyanate (‘TDI’) and methylene diphenyl diisocyanate (‘MDI’), which are used in the production of rigid and flexible polyurethane foams.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Hungary M&A 1 of 1
Year: 2002 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1993-01-01 Framochem Kft

Szerviz ut 5, Hungary

Framochem Kft, is a European-based manufacturer of phosgene products. Framochem Kft is founded in 1993 and is based in Szerviz ut 5, Hungary.

Buy -
SELLER

SNPE S.A.

Paris, France

Category Company
Sector Manufacturing
Employees1,265
DESCRIPTION

GROUPE SNPE is focused on industrial safety, covering both personnel and facilities, as well as environmental protection. It is also involved in the identification and treatment of pyrotechnic pollution.


DEAL STATS #
Overall 1 of 2
Sector: Chemicals M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Hungary M&A 1 of 1
Year: 2002 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1993-01-01 Framochem Kft

Szerviz ut 5, Hungary

Framochem Kft, is a European-based manufacturer of phosgene products. Framochem Kft is founded in 1993 and is based in Szerviz ut 5, Hungary.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-15 VanDeMark

Lockport, New York, United States

VanDeMark is a provider of specialty and custom chemicals focusing on phosgene production and phosgene-related chemistry. These products are used in pharmaceuticals, agricultural chemicals, polymers, sealants, coatings, and biocides. VanDeMark was founded in 1951 and is based in Lockport, New York.

Sell -