TAGS: Sustainability / Natural Adhesives Sealants Epoxy Adhesives Polyurethane Adhesives
The adhesives & sealants industry has witnessed some major mergers and acquisitions in 2022. We have curated this write-up to help you stay up to date with the prominent acquisitions in 2022.
Acquisitions by Arkema
Arkema to Acquire PMP to Boost Engineering Adhesives Business in Asia
Arkema is expanding its offer of engineering adhesives with the
planned acquisition of Shanghai Zhiguan Polymer Materials (PMP), which specialized in hot-melt adhesives for the consumer electronics market.
Arkema Completes Acquisition of Ashland’s Performance Adhesives Business
Arkema completes the acquisition of Ashland’s performance adhesives business, high-performance adhesives in the United States.
This operation marks a major step in Arkema’s strengthening of its adhesive solutions segment and fully aligns with the group’s strategy to become a pure specialty materials player by 2024.
Arkema Completes Acquisition of Permoseal in South Africa
Arkema has finalized the acquisition of Permoseal in South Africa on July 1, 2022. Permoseal is a manufacturer of adhesive solutions for DIY, packaging and construction.
Permoseal’s brands will complement Bostik’s offering in the region and strengthen its positions in South Africa’s and Sub-Saharan Africa’s dynamic industrial, construction and DIY markets.
Arkema Completes Acquisition of Polimeros Especiales in Mexico
Arkema finalizes the acquisition of Polimeros Especiales, strengthening the Group’s offering in solvent-free solutions and its position in this fast-growing region. “
We are very happy to welcome the talented team from Polimeros Especiales into Arkema. This company offers leading and complementary solutions in many diverse markets which will bring scale to Arkema’s solvent-free offering and advanced technologies,” said Richard Jenkins, senior vice president, Arkema Coating Solutions.
Bostik Finalizes Integration of Ashland's Performance Adhesives
Bostik finalizes the integration of Ashland's performance adhesives to fully capitalize on synergies. This signs a major step in Bostik's ability to deliver expected synergies, and growth. “
The acquisition of Ashland's Performance Adhesives offers a unique opportunity to pass a threshold in our strategy to provide our clients with tailor-made, high-value, innovative adhesive solutions. Our new organization is going to help us deliver on this strategy, and actively contribute to Arkema's ambition to become a pure specialty materials player. All the teams are really excited about the many opportunities this is going to generate,” Vincent Legros, CEO of BOSTIK.
Acquisitions by H.B. Fuller
H.B. Fuller Acquires Apollo to Boost Adhesive Business
H.B. Fuller Company has finalized its purchase of Apollo, the United Kingdom’s independent manufacturer of liquid adhesives, coatings and primers for the roofing, industrial and construction markets.
H.B. Fuller Acquires Fourny to Boost Growth in Europe
H.B. Fuller Company has acquired the Belgium-based company Fourny nv, a provider of construction adhesives with more than 70 years of experience in technologies focused on commercial roofing, construction, and other private label industrial specialties.
Acquisitions by Barentz
Barentz to Acquire Unipex, a Specialty Chemicals Distributor
Barentz International announces that it will acquire Unipex, French distributor of life science ingredients and specialty chemicals. The Paris-based company is one of the distributors in France, Benelux and Africa and is known in the French and Benelux markets for innovation and trend development, using their own formulations labs.
Barentz Acquires Viachem, a Specialty Chemicals Distributor
Barentz, a global life science ingredients distributor, announces that it has
acquired Viachem, a specialty distributor of life science ingredients and specialty chemicals. Hidde van der Wal, group CEO of Barentz, commented, "
Viachem has developed sales & marketing capabilities that are unique in the industry and we're thrilled to welcome Mike and his team into the Barentz organization.”
Key Deals Transforming the Industry
Clariant Acquires BASF’s U.S. Attapulgite Business Assets
Clariant completes the acquisition of BASF’s U.S.-based Attapulgite business assets for USD 60 million in cash. Structured as an asset deal, the transaction includes the transfer of land as well as mining rights, the processing facility, and inventories, which will be integrated into Clariant’s Functional Minerals business.
DL Chemical Completes Kraton’s Acquisition
Kraton has announced that the merger pursuant to which
DL Chemical acquired Kraton, has been completed. DL Chemical acquired Kraton in an all-cash transaction valued at approximately USD 2.5 billion
LANXESS Acquires IFF's Microbial Control Business Unit
LANXESS has completed the acquisition of the
microbial control business unit of the U.S. group International Flavors & Fragrances Inc. (IFF).
With the closing of the transaction, which was announced in August 2021, LANXESS has become one of the world’s largest suppliers of microbial control products.
PETRONAS Chemicals Group Completes Acquisition of Perstorp
Perstorp announces that the company has been
acquired by PETRONAS Chemicals Group Berhad (PCG), Malaysia´s integrated chemicals provider and part of PETRONAS Group. “
This day marks a new beginning and exciting future for Perstorp as part of the PCG family. We are thrilled to explore the opportunities that can be unlocked by working closely with PCG. This will accelerate the next phase of growth and further strengthen us as a leading specialty chemicals company. Perstorp and PCG form a stronger business together,” said Perstorp’s President and CEO Jan Secher.
Westlake Chemical Completes Acquisition of Hexion’s Epoxy Business
Westlake Chemical Corporation completes the acquisition of Hexion global epoxy business for approximately USD 1.2 billion in an all-cash transaction. “
With this transaction, Westlake will significantly expand its integrated business by adding a leading downstream portfolio of coatings and composite products,” said Westlake President and chief executive officer Albert Chao.
American Securities Acquires Hexion Holdings for USD 30.00 Per Share
Hexion Holdings Corporation announces the closing of the
acquisition of the company by affiliates of American Securities for USD 30.00 per share in cash. “
Hexion is a market leader and leverages deep chemistry and application knowledge to support its customers in diverse end markets,” said Scott Wolff, a managing director of American Securities. “
Over time, the company has optimized its portfolio and transformed its operations, and we are thrilled to partner with Hexion to support the next chapter of the company’s growth.”
Omya Acquires Hall Technologies to Boost Business
Omya has successfully completed the acquisition of Hall Technologies, Inc. Omya is a producer of industrial minerals and a distributor of specialty ingredients. “
We are excited to welcome Hall Technologies to the Omya Group. Under Jeff Laurent’s leadership, Hall has built a position in the Midwest specialty chemical distribution market. We look forward to welcoming the Hall Technologies team into the Omya family,” said Rainer Siedler, CEO of Americas at Omya.
Synthomer Completes Acquisition of Eastman’s Adhesive Resins Business
Synthomer has completed the acquisition of Eastman’s Adhesive Resins business for USD 1bn. The acquired business will form a new division within Synthomer called Adhesive Technologies. “
Our Adhesive Technologies division adds a new growth dimension to Synthomer. Its portfolio takes us into more specialized, more global and higher growth segments. Synthomer is confident that the company will be able to expand this part of our business significantly,” said Michael Willome, chief executive officer.
Bemis Associates Acquires Protechnic to Boost Business
Bemis Associates has acquired Protechnic, a France-based manufacturing company. Bemis and Protechnic have complementary products and technology as well as a strong alignment in their corporate values and culture. “
This acquisition will allow Bemis to produce new products globally, specifically in the US, Europe and Asia where we have key manufacturing facilities,” said Mike Johansen, president, Bemis Associates.
Stepan Company Acquires PerformanX Specialty Chemicals to Boost Business
Stepan Company completes the acquisition of the
surfactant business and associated assets of PerformanX Specialty Chemicals. The financial terms of the transaction were not disclosed. "
Alkoxylates are a core surfactant technology critical to Stepan's agriculture, oilfield, construction and household end use markets," said Scott R. Behrens, president and chief executive officer of Stepan Company.
Source: Curated by SpecialChem