Divestiture • Chemicals

VanDeMark Acquires Framochem Kft

On August 1, 2014, VanDeMark acquired chemicals company Framochem Kft from PMC Isochem

Acquisition Context
  • This is VanDeMark’s 1st transaction in the Chemicals sector.
  • This is VanDeMark’s 1st transaction in Hungary.

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M&A Deal Summary

Date August 1, 2014
Target Framochem Kft
Sector Chemicals
Buyer(s) VanDeMark
Sellers(s) PMC Isochem
Deal Type Divestiture
Advisor(s) William Blair (Financial)

Target Company

Framochem Kft

Szerviz ut 5, Hungary
Framochem Kft, is a European-based manufacturer of phosgene products. Framochem Kft is founded in 1993 and is based in Szerviz ut 5, Hungary.
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Buyer Overview 1

Buyer

VanDeMark

Lockport, New York, United States

Category Company
Founded 1951
Sector Chemicals
DESCRIPTION

VanDeMark is a provider of specialty and custom chemicals focusing on phosgene production and phosgene-related chemistry. These products are used in pharmaceuticals, agricultural chemicals, polymers, sealants, coatings, and biocides. VanDeMark was founded in 1951 and is based in Lockport, New York.


Deal Context for Buyer #
Overall 1 of 1
Sector: Chemicals 1 of 1
Type: Divestiture 1 of 1
Country: Hungary 1 of 1
Year: 2014 1 of 1

Seller Profile 1

SELLER

PMC Isochem

Vert Le Petit, France

Category Company
Sector Chemicals
Revenue 27M EUR (2013)
DESCRIPTION

PMC Isochem is a provider of fine chemicals as well as phosgene derivatives for clients of the pharmaceutical, cosmetics, agrochemical and intermediate sectors. PMC Isochem is based in Vert Le Petit, France.


Deal Context for Seller #
Overall 2 of 4
Sector: Chemicals 2 of 3
Type: Divestiture 2 of 4
Country: Hungary 1 of 1
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-30 Wychem

Suffolk, United Kingdom

Wychem is a manufacturer of fine chemicals for pharmaceutical and specialty applications. Wychem provides a comprehensive range of more than 1,000 products and custom manufacturing solutions, with a focus on aromatic compounds and halogenation including direct bromination, direct iodination, and diazonium / sandmeyer reactions. Wychem was formed in 1968 and is based in Suffolk, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-04 Isochem SAS - Pharma Business

Vert Le Petit, France

Isochem SAS - Pharma Business comprised of research, product/process development, regulatory approvals, pilot scale and full plant-scale production of drug intermediates and active pharma ingredients (APIs) for major pharmaceutical companies worldwide to serve the needs of Oncology, Cardiovascular, Infectious, Gastro-Intestinal, Neurology and rare diseases.

Sell -

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