M&A Deal Summary

Vectra Acquires Plastic Additives - Lubrizol

On May 1, 1995, Vectra acquired chemicals company Plastic Additives - Lubrizol from The Lubrizol

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

M&A Deal Summary

Date 1995-05-01
Target Plastic Additives - Lubrizol
Sector Chemicals
Buyer(s) Vectra
Sellers(s) The Lubrizol
Deal Type Divestiture

Target

Plastic Additives - Lubrizol

Wickliffe, Ohio, United States
Plastic Additives - Lubrizol Corp. is a producer and marketer of metal-based specialty chemicals.

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Buyer(S) 1

Buyer

Vectra

Cleveland, Ohio, United States

Category Company
Founded 1991
Sector Chemicals
Employees5,900
Revenue 1.2B USD (2013)
DESCRIPTION

Vectra is a provider of specialty chemicals, advanced materials, electrochemical energy storage, magnetic materials and unique technologies crucial to enabling customers to meet increasingly stringent market and application requirements. Vectra was founded in 1991 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 1 of 11
Sector: Chemicals M&A 1 of 8
Type: Divestiture M&A Deals 1 of 3
State: Ohio M&A 1 of 2
Country: United States M&A 1 of 5
Year: 1995 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-02-06 Dussek Campbell

South San Francisco, California, United States

Dussek Campbell, Inc. is a manufacturer of metal carboxylates for coatings, inks and other niche markets.

Buy -

Seller(S) 1

SELLER

The Lubrizol

Wickliffe, Ohio, United States

Category Company
Founded 1928
Sector Chemicals
Employees7,000
Revenue 5.4B USD (2010)
DESCRIPTION

The Lubrizol Corporation is a specialty chemical company that produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as fuel additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products and pharmaceuticals; specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives.


DEAL STATS #
Overall 1 of 4
Sector: Chemicals M&A 1 of 2
Type: Divestiture M&A Deals 1 of 4
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 2
Year: 1995 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1984-01-01 Lynnville Seed Co.

United States

Lynnville Seed Co. is a seed company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-01 Noveon International

Cleveland, Ohio, United States

Noveon International, Inc is a global developer, producer, and marketer of technologically advanced specialty chemicals for a broad range of consumer and industrial applications.

Buy $1.8B