M&A Deal Summary

UCB Acquires Solutia - Resins Additives and Adhesives Division

On January 1, 2003, UCB acquired life science company Solutia - Resins Additives and Adhesives Division from Solutia for 500M USD

Acquisition Highlights
  • This is UCB’s 1st transaction in the Life Science sector.
  • This is UCB’s 5th largest (disclosed) transaction.
  • This is UCB’s 3rd transaction in the United States.
  • This is UCB’s 1st transaction in Missouri.

M&A Deal Summary
Date 2003-01-01
Target Solutia - Resins Additives and Adhesives Division
Sector Life Science
Buyer(s) UCB
Sellers(s) Solutia
Deal Type Divestiture
Deal Value 500M USD

Target

Solutia - Resins Additives and Adhesives Division

St Louis, Missouri, United States
Solutia, Inc. liquid and powder-coatings resins, additives, and adhesives products used primarily in industrial coatings, with an emphasis on the metal and automotive segments.

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Buyer(S) 1

Buyer

UCB

Brussels, Belgium

website

Category Company
Founded 1928
Sector Healthcare Services
Employees7,600
Revenue 5.3B EUR (2020)
DESCRIPTION

UCB is a biopharma focused on severe diseases with operations in approximately 40 countries. UCB incorporated in 1928 and is based in Brussels, Belgium.

DEAL STATS #
Overall 3 of 11
Sector (Life Science) 1 of 7
Type (Divestiture) 1 of 2
State (Missouri) 1 of 1
Country (United States) 3 of 8
Year (2003) 1 of 1
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-01-01 Whitby Pharmaceuticals

Smyrna, Georgia, United States

Whitby Pharmaceuticals, Inc. is a manufacturer of medical products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-24 Celltech Group

Slough, United Kingdom

Celltech Group Ltd. is a biotechnology company.

Buy £1.5B

Seller(S) 1

SELLER

Solutia

St Louis, Missouri, United States

website

Category Company
Founded 1901
Sector Chemicals
Employees3,400
DESCRIPTION

Solutia is a market-leading performance materials and specialty chemicals company. The company focuses on providing solutions for a better life through a range of products, including: Saflex® polyvinyl butyral interlayers for glass lamination and for photovoltaic module encapsulation and VISTASOLAR® ethylene vinyl acetate films for photovoltaic module encapsulation.

DEAL STATS #
Overall 2 of 4
Sector (Life Science) 1 of 1
Type (Divestiture) 2 of 4
State (Missouri) 1 of 1
Country (United States) 2 of 4
Year (2003) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-22 Solutia - Polymer Modifiers Business

United States

Solutia - Polymer Modifiers Business is a producer of specialty plasticizers (chemical additives) and other modifiers used in the production of a variety of plastics.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-01 Ascend Performance Materials

Houston, Texas, United States

Ascend Performance Materials is a provider of proprietary technologies that are central to the production of nylon, plastics, and synthetic fibers found in thousands of commercial and industrial products, including carpet, tires and apparel, as well as agricultural products, animal feed, and personal care products. Ascend Performance Materials was founded in 2009 and is based in Houston, Texas.

Sell -
Mergr

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