Acquisitions
News Markets & Companies
CIN and Boero – a new alliance in the coatings industry
The Portuguese coatings manufacturer CIN will take over the Italian coatings company Boero Group. Both companies have been partners already for some years. Both companies combine an annual revenue of around...
News Markets & Companies
Akzo Nobel confirms intent to acquire Tikkurila with binding proposal
After its initial non binding proposal Akzo Nobel now has submitted a binding proposal to the Board of Directors of Tikkurila to acquire the Finnish coating manufacturer having completed its due diligence...
News Markets & Companies
Zeppelin acquires MTI Mischtechnik
Zeppelin Systems has taken over the owner-managed MTI Mischtechnik, whose shares were up for sale in October 2020 following insolvency proceedings.
News Markets & Companies
New strategic partnership between OQEMA and CB Chemie
OQEMA has acquired a majority stake in Austria-based CB Chemie, which was founded in 2016 by Dr. Christian Braunshier.
News Markets & Companies
Geholit+Wiemer becomes part of the Kabe Swiss Group
Geholit+Wiemer now belongs to the Swiss Kabe Swiss Group as of January 2021. The Bubenhofer family has acquired all shares in the German, medium-sized manufacturer of coating materials as part of a succession...
News Markets & Companies
VMP Chemiekontor takes over Quaan
VMP Chemiekontor is taking over chemicals company Quaan. The Hamburg-based owner-managed commercial business was founded in 2009 and focuses on the area of CASE.
News Markets & Companies
2021 will see large numbers of deals brought to closing
Covid-19 will drive consolidation in specific sectors of the chemicals industry, says Dr Otto Schulz, Partner and Head of Chemicals Practice at EY-Parthenon, a strategy consulting organisation. The paints...
News Markets & Companies
Lanxess acquires biocides specialist Intace
Specialty chemicals company Lanxess aims to expand its position as a leading manufacturer of biocides and antimicrobials by acquiring French company Intace.
News Markets & Companies
Akzo Nobel proposes to acquire Tikkurila for EUR 31.25 per share
As a reaction to PPGs offer to acquire Tikkurila, Akzo Nobel has made a comprehensive non-binding proposal to acquire the Finnish company as well. The proposal includes an all-cash public offer for all...
News Markets & Companies
PPG to acquire coatings manufacturer Versaflex
PPG announced that it has reached a definitive agreement to acquire Versaflex, a manufacturer specialising in polyurea, epoxy and polyurethane coatings for water and waste water infrastructure, flooring,...
News Markets & Companies
PPG to acquire Wörwag
PPG announced that it has reached a definitive agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications. The transaction is expected to close in the first...
News Markets & Companies
Akzo Nobel acquires New Nautical Coatings
Akzo Nobel is set to increase its presence in the North American yacht coatings market after agreeing to acquire New Nautical Coatings. Financial details are not disclosed.
News Markets & Companies
PPG to acquire Tikkurila
The Finnish company Tikkurila will be purchased by the U.S. coatings manufacturer for EUR 1.1 billion.
News Markets & Companies
Stockmeier takes over the majority of shares of Innochem in Belgium
Stockmeier acquires the majority of shares in the international specialty chemicals distributor Innochem, based in Meerhout, Belgium.