M&A Deal Summary

SI Group Acquires Albemarle - Antioxidants Ibuprofen Businesses

On April 16, 2014, SI Group acquired chemicals company Albemarle - Antioxidants Ibuprofen Businesses from Albemarle

Acquisition Highlights
  • This is SI Group’s 1st transaction in the Chemicals sector.
  • This is SI Group’s 1st transaction in the United States.
  • This is SI Group’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2014-04-16
Target Albemarle - Antioxidants Ibuprofen Businesses
Sector Chemicals
Buyer(s) SI Group
Sellers(s) Albemarle
Deal Type Divestiture

Target

Albemarle - Antioxidants Ibuprofen Businesses

Orangeburg, South Carolina, United States
Albemarle - Antioxidants, Ibuprofen Businesses includes manufacturing sites in Orangeburg, South Carolina, United States and Jinshan, China. The assets are located in Orangeburg, South Carolina, Baton Rouge, Louisiana, Shanghai, China, and Jinshan, China.

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Buyer(S) 1

Buyer

SI Group

The Woodlands, Texas, United States
Category Company
Founded 1906
Sector Chemicals
DESCRIPTION

SI Group is a developer and manufacturer of performance additives and intermediates solutions for industrial and consumer goods. SI Group was founded in 1906 and is based in The Woodlands, Texas.

DEAL STATS #
Overall 1 of 3
Sector (Chemicals) 1 of 3
Type (Divestiture) 1 of 2
State (South Carolina) 1 of 1
Country (United States) 1 of 3
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-10 TPC Group - Key Raw Material Facility

houston, Texas, United States

TPC Group - Key Raw Material Facility includes an on-site terminal and manufacturing assets for nonene, tetramer, and other propylene derivatives. Nonene and tetramer are propylene oligomers, used as intermediates in the production of plasticizers, detergents, lube oil additives, antioxidants, and other performance products.

Buy -

Seller(S) 1

SELLER

Albemarle

Charlotte, North Carolina, United States
Category Company
Founded 1887
Sector Chemicals
Employees7,400
Revenue 9.6B USD (2023)
DESCRIPTION

Albemarle is a global developer, manufacturer and marketer of highly-engineered specialty chemicals that meet customer needs across a diverse range of end markets. Markets Albemarle serves include petroleum refining, consumer electronics, plastics/packaging, construction, automotive, lubricants, pharmaceuticals, crop protection, food safety and custom chemistry services. Albemarle was incorporated in 1887 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 2 of 8
Sector (Chemicals) 1 of 7
Type (Divestiture) 2 of 8
State (South Carolina) 1 of 1
Country (United States) 1 of 4
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-08 Cambridge Chemical Company

Cambridge,, United Kingdom

Cambridge Chemical Company Ltd. is a key technology player in the production of high purity metal organic chemicals used in the laser market. Cambridge Chemical's technology and products will further strengthen Albemarle's offerings in the electronic materials market, including the light emitting diodes (LED), semiconductor, organic light emitting diodes (OLEDs) and now laser segments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-15 Chemetall

Frankfurt, Germany

Chemetall GmbH is a provider of chemicals and processes for surface treatment of metals and other substrates, Lithium compounds and other specialty chemicals.

Buy -
Mergr

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