M&A Deal Summary

SAATI Acquires Ikonics

On August 15, 2022, SAATI acquired chemicals company Ikonics

Acquisition Highlights
  • This is SAATI’s 1st transaction in the Chemicals sector.
  • This is SAATI’s 1st transaction in the United States.
  • This is SAATI’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2022-08-15
Target Ikonics
Sector Chemicals
Buyer(s) SAATI
Deal Type Add-on Acquisition

Target

Ikonics

Duluth, Minnesota, United States
Ikonics vehicle in Duluth, Minnesota.
Ikonics vehicle in Duluth, Minnesota.
Ikonics is a provider in the development of imaging technologies. IKONICS introduces products and process solutions for a diverse array of imaging markets. Ikonics was founded in 1952 and is based in Duluth, Minnesota.

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Buyer(S) 1

Buyer

SAATI

Appiano Gentile, Italy
Category Company
Founded 1935
Sector Apparel/Textiles
DESCRIPTION

SAATI is the parent company of a multinational group developing, manufacturing, and distributing technical fabrics, and breathable membranes, chemicals, and equipment for screen printing and other advanced niche markets, such as filtration (healthcare, water, food, process, automotive, appliances), consumer electronics and multi-threat protection. SAATI was founded in 1935 and is based in Appiano Gentile, Italy.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

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