Divestiture • Chemicals

Taminco Acquires Air Products - Amines Business

On October 2, 2006, Taminco acquired chemicals company Air Products - Amines Business from Air Products and Chemicals for 211M USD

Acquisition Context
  • This is Taminco’s 1st transaction in the Chemicals sector.
  • This is Taminco’s largest (disclosed) transaction.
  • This is Taminco’s 1st transaction in the United States.

Explore All 631 Divestiture Chemicals Deals - Search the Database Free


M&A Deal Summary

Date October 2, 2006
Target Air Products - Amines Business
Sector Chemicals
Buyer(s) Taminco
Sellers(s) Air Products and Chemicals
Deal Type Divestiture
Deal Value 211M USD

Target Company

Air Products - Amines Business

United States
Air Products - Amines Business is a producer of methylamines and methylamine derivatives.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Taminco

Allentown, Pennsylvania, United States

Category Company
Founded 2003
Sector Chemicals
Employees800
Revenue 1.2B USD (2013)
DESCRIPTION

Taminco is a global specialty chemical company, with a clear focus on niche markets. Taminco is the world's leading producer of alkylamines & derivatives and a major producer of formic acid & derivatives, supplying diversified, global end markets. Taminco's products are used by customers in the manufacture of a diverse array of products for the agriculture, animal nutrition, water treatment, personal & home care and oil & gas end-markets, and its products provide these goods with a variety of ancillary characteristics required for optimal performance. Taminco currently operates in 23 countries with eight production facilities.


Deal Context for Buyer #
Overall 1 of 2
Sector: Chemicals 1 of 2
Type: Divestiture 1 of 2
Country: United States 1 of 1
Year: 2006 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-23 Kemira - ChemSolutions Formic Acid Business

Oulu, Finland

The ChemSolutions Formic Acid Business is a producer of formic acid, and includes airport runway deicing product lines.

Buy €140M

Seller Profile 1

SELLER

Air Products and Chemicals

Allentown, Pennsylvania, United States

Category Company
Founded 1940
Sector Chemicals
Employees23,000
Revenue 12.1B USD (2024)
DESCRIPTION

Air Products and Chemicals serves energy, electronics, chemicals, steel, and manufacturing customers globally with a unique portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. The Company is a supplier of hydrogen and helium and has built leading positions in growth markets such as semiconductor materials, refinery hydrogen, natural gas liquefaction, and advanced coatings and adhesives. Air Products and Chemicals was incorporated in 1940 and is based in Allentown, Pennsylvania.


Deal Context for Seller #
Overall 4 of 15
Sector: Chemicals 4 of 9
Type: Divestiture 4 of 13
Country: United States 4 of 13
Year: 2006 2 of 2
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-05 Air Products - Dinitrotoluene Production Facility

Geismar, Louisiana, United States

Air Products Dinitrotoluene (DNT) Production Facility produces and supplies hydrogen, carbon monoxide and syngas.

Sell $155M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-30 BOC Gazy Sp z o.o.

Warsaw, Poland

BOC Gazy Sp z o.o. is a produces and supplies industrial gases.Company have five major industrial gas plants and six cylinder transfill facilities serving customers across a diverse range of industries, including chemicals, steel and base metals, among others.

Buy €370M

Explore Related M&A Activity