M&A Deal Summary

Quaker Chemical Acquires Binol AB

On November 3, 2014, Quaker Chemical acquired chemicals company Binol AB from AAK

Acquisition Highlights
  • This is Quaker Chemical’s 8th transaction in the Chemicals sector.
  • This is Quaker Chemical’s 1st transaction in Sweden.

M&A Deal Summary

Date 2014-11-03
Target Binol AB
Sector Chemicals
Buyer(s) Quaker Chemical
Sellers(s) AAK
Deal Type Divestiture

Target

Binol AB

Karlshamn, Sweden
Binol AB is a provider of vegetable-based biolubricants in the Nordic countries .

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Quaker Chemical

Conshohocken, Pennsylvania, United States

Category Company
Founded 1918
Sector Chemicals
Employees4,400
Revenue 1.8B USD (2024)
DESCRIPTION

Quaker Chemical is a provider of process chemicals, chemical specialties, services and technical expertise to a wide range of industries – including steel, automotive, mining, aerospace, tube and pipe, coatings and construction materials. Quaker Chemical was founded in 1918 and is based in Conshohocken, Pennsylvania.


DEAL STATS #
Overall 8 of 14
Sector: Chemicals M&A 8 of 13
Type: Divestiture M&A Deals 1 of 2
Country: Sweden M&A 1 of 1
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-15 ECLI Products

Aurora, Illinois, United States

ECLI Products LLC specializes in supplying factory-fill greases to original equipment manufacturers across several industry sectors, including automotive, industrial, aerospace/military, electronics, office automation and natural resources.

Buy $52M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-30 Verkol SA

Spain

Verkol SA is a specialty grease and lubricants manufacturer and marketer.

Buy $40M

Seller(S) 1

SELLER

AAK

Malmö, Sweden

Category Company
Sector Food
Employees4,000
Revenue 45.1B SEK (2024)
DESCRIPTION

AAK is a producer of high-value-added specialty vegetable oils and fats solutions. These oils and fats solutions are characterized by a high level of technological content and innovation. AAK is based in Malmö, Sweden.


DEAL STATS #
Overall 1 of 2
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Sweden M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-18 Unilever NV - Frita

Turkey

Frita is a Turkish frying oil brand.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-25 Kamani Oil Industries Pvt.

Mumbai, India

Kamani Oil Industries Pvt. Ltd. is a manufacturers of speciality oils & fat products. Kamani Oil Industries offers a wide range of products for specialized applications in the Food, Pharma, Cosmetic and Nutraceutical industry.

Buy -