Acquisitions
News Markets & Companies
Lanxess signs contract to acquire Emerald Kalama Chemical
Specialty chemicals company Lanxess has signed a binding agreement to acquire 100 percent shares in Emerald Kalama Chemical on February 14, 2021.
News Markets & Companies
Lonza to sell its Specialty Ingredients Division to Bain Capital and Cinven
Bain Capital Private Equity and Cinven have entered into definitive agreements to acquire Lonza Specialty Ingredients (“LSI”), a division of Lonza AG, for a total enterprise value of EUR 3.9 billion....
News Markets & Companies
Tennant completes sale of coatings business
Tennant has announced that the company has completed a sale of its coatings business, Tennant Coatings, to Sherwin-Williams.
News Markets & Companies
Tikkurila acquisition: PPG outbids Akzo Nobel
Just two weeks after submitting a binding proposal to acquire Tikkurila, Akzo Nobel now announced that it is no longer planning to take over the company. Meanwhile, PPG made a higher offer and already...
News Markets & Companies
Sto acquires the remaining shares in Jonas Farbenwerke
The Sto Group is expected to acquire the remaining 50.2 % shares in Jonas Farbenwerke - subject to the approval of the Federal Cartel Office - with effect from February 28, 2021.
News Markets & Companies
Azelis Italy about to acquire Came
Azelis has signed an agreement to acquire 100% of the shares of Came Chemical Mineral and Engineering in Italy.
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.