Divestiture • Chemicals

Saint-Gobain Performance Plastics Acquires HyComp

On March 1, 2018, Saint-Gobain Performance Plastics acquired chemicals company HyComp from SMS group

Acquisition Context
  • This is Saint-Gobain Performance Plastics’ 2nd transaction in the Chemicals sector.
  • This is Saint-Gobain Performance Plastics’ 2nd transaction in the United States.
  • This is Saint-Gobain Performance Plastics’ 1st transaction in Ohio.

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M&A Deal Summary

Date March 1, 2018
Target HyComp
Sector Chemicals
Buyer(s) Saint-Gobain Performance Plastics
Sellers(s) SMS group
Deal Type Divestiture

Target Company

HyComp

Middleburg Heights, Ohio, United States
HyComp LLC is a manufacturer of advanced proprietary components for the aerospace and industrial markets. HyComp was founded in 1986 and is based in Middleburg Heights, Ohio.
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Buyer Overview 1

Buyer

Saint-Gobain Performance Plastics

Akron, Ohio, United States

Category Company
Founded 1957
Sector Chemicals
DESCRIPTION

Saint-Gobain Performance Plastics Corp. is a designer and manufacturer of polymer products for various industries in the United States and internationally.


Deal Context for Buyer #
Overall 2 of 3
Sector: Chemicals 2 of 2
Type: Divestiture 1 of 1
State: Ohio 1 of 1
Country: United States 2 of 2
Year: 2018 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-12 Helicke Enterprises

Tampa, Florida, United States

Helicke Enterprises, Inc. is a manufacturer of disposable plastic products for the biopharmaceutical market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-13 Micro Hydraulics

Dublin, Ireland

Micro Hydraulics Ltd. is a supplier and manufacturer of single-use fluid handling components and systems in highperformance plastics for high purity applications in the pharmaceutical and biopharmaceutical industries.

Buy -

Seller Profile 1

SELLER

SMS group

Dusseldorf, Germany

Category Company
Founded 1871
Sector Manufacturing
DESCRIPTION

SMS group GmbH is a provider of modular, machine-specific spare parts to the metallurgical industry for steel, aluminum, copper and metals. The competences comprise design, engineering, manufacturing and commissioning. SMS group was founded in 1871 and is based in Dusseldorf, Germany.


Deal Context for Seller #
Overall 2 of 2
Sector: Chemicals 1 of 1
Type: Divestiture 2 of 2
State: Ohio 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-07 battenfeld-cincinnati

Bad Oeynhausen, Germany

battenfeld-cincinnati is a global extrusion equipment and services company that provides engineering and innovation. The company supplies extrusion equipment and downstream processing equipment, in addition to extensive tooling, dies, spare parts, and service capabilities, for the global pipe, profile, film, and sheet markets. Its operations span Europe, the United States, and Asia and include long-established and storied brands, such as Battenfeld-Cincinnati, Exelliq (formerly known as Greiner Extrusion), and Simplas. battenfeld-cincinnati was founded in 1943 and is based in Bad Oeynhausen, Germany.

Sell -