M&A Deal Summary

Tessenderlo Kerley Acquires DuPont - Linuron Herbicide Business

On June 28, 2009, Tessenderlo Kerley acquired chemicals company DuPont - Linuron Herbicide Business from DuPont

Acquisition Highlights
  • This is Tessenderlo Kerley’s 1st transaction in the Chemicals sector.
  • This is Tessenderlo Kerley’s 1st transaction in the United States.
  • This is Tessenderlo Kerley’s 1st transaction in Delaware.

M&A Deal Summary

Date 2009-06-28
Target DuPont - Linuron Herbicide Business
Sector Chemicals
Buyer(s) Tessenderlo Kerley
Sellers(s) DuPont
Deal Type Divestiture

Target

DuPont - Linuron Herbicide Business

Wilmington, Delaware, United States
Linuron herbicide is marketed globally under the DuPont Lorox® and Linex® brands, as well as several associated mixture trademarks. This specialty herbicide is used primarily in the carrot, asparagus, celery, potato, cotton and soybean markets.

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Buyer(S) 1

Buyer

Tessenderlo Kerley

Phoenix, Arizona, United States

Category Company
Founded 1988
Sector Chemicals
DESCRIPTION

Tessenderlo Kerley, Inc. (TKI) produces and markets specialty chemical solutions, including fertilizers, crop protection chemicals and process chemicals and services to diverse markets.


DEAL STATS #
Overall 1 of 3
Sector (Chemicals) 1 of 2
Type (Divestiture) 1 of 2
State (Delaware) 1 of 1
Country (United States) 1 of 3
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-23 Purfresh

Fremont, California, United States

Purfresh, Inc. provider of actively enhanced atmosphere technology and comprehensively documented real-time monitoring and control, Purfresh makes ocean transport a viable option even for the most sensitive cargo.

Buy -

Seller(S) 1

SELLER

DuPont

Wilmington, Delaware, United States

Category Company
Founded 1802
Sector Chemicals
Employees24,000
Revenue 12.1B USD (2023)
DESCRIPTION
Entrance to DuPont's corporate headquarters in Wilmington, Delaware.
Entrance to DuPont's corporate headquarters in Wilmington, Delaware.

DuPont is a global chemicals provider and is involved across a range of disciplines, including agriculture and industrial biotechnology, chemistry, biology, materials science and manufacturing. DuPont operates globally and offers a wide range of innovative products and services for markets including agriculture and food, building and construction, electronics and communications, general industrial, and transportation. DuPont is based in Wilmington, Delaware.


DEAL STATS #
Overall 6 of 20
Sector (Chemicals) 1 of 9
Type (Divestiture) 4 of 17
State (Delaware) 2 of 9
Country (United States) 6 of 18
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-14 Coastal Training Technologies

Virginia Beach, Virginia, United States

Coastal Training Technologies Corp. is a provider of training and development materials designed to educate or increase the productivity of employees and sold utilizing multiple delivery platforms, including print, video, CD-ROM and internet/intranet. Coastal Training Technologies was founded in 1984 and is based in Virginia Beach, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-03 MECS

St. Louis, Missouri, United States

MECS, Inc. is a provider of proprietary process technology, specialty products and technical services to the global sulfuric acid industry which serves the agricultural (phosphate fertilizer), energy (oil refinery), non-ferrous metallurgical and chemical process markets.

Buy -