•  

    has partnered with

    The Valence Group acted as financial advisor to New Mountain Capital

    The Deal

    April 4, 2017 – The Valence Group has advised New Mountain Capital Partners on its acquisition of Gelest. Financial terms of the transaction were not disclosed.

    About Gelest
    Headquartered in Morrisville, Pennsylvania, Gelest is recognized worldwide as an innovator, manufacturer and supplier of commercial and research quantities of organosilicon compounds, metal-organic compounds and silicones. Gelest serves advanced technology markets through a materials science-driven approach. The company provides focused technical development and application support for personal care, semiconductors, medical materials, pharmaceutical synthesis, diagnostics and separation science, and specialty polymeric materials.

    About New Mountain Capital
    New Mountain Capital is a New York based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, public equity, and credit funds with approximately $15 billion in aggregate capital commitments.

  • has been sold to

    The Valence Group acted as financial advisor to Niacet

    The Deal

    SK Capital is recapitalizing Niacet in partnership with Kelly Brannen, who will continue to serve as CEO and retain a significant stake in the Company. The transaction follows nearly four decades of Brannen family ownership after the purchase of Niacet from Union Carbide in 1978, during which time the Company grew significantly to become the worldwide leader in its core products.

    Niacet is a leading producer of organic salts, including propionates and acetates, serving the food, feed, pharmaceutical and technical industries. With two fully automated manufacturing sites, located in Niagara Falls, NY and Tiel, The Netherlands, Niacet offers world-class quality products to global markets that fill vital needs in a broad range of applications that are essential to everyday life including food preservation, antibiotic formulation, dialysis treatment and energy production.

  •   is acquiring Silica Business of

    The Valence Group acted as financial advisor to Evonik

    The Deal

    The Valence Group has advised Evonik on its acquisition of the silica business of J.M. Huber for $630 million.
    Huber Silica is a world class, global precipitated silica business, focused primarily on dental and life science applications, with revenue of close to $300 million and an EBITDA of $60 million in 2016.
    The business is highly complementary to Evonik’s silica business in predominantly tires, coatings and industrial applications, and Evonik expects to generate sustainable EBITDA synergies of $20 million by 2021.
    Additionally, the transaction is structured to yield $80 milion in net present value tax benefits to Evonik.
    The acquisition, announced on Dec 9, 2016, is scheduled to be completed in the second half of 2017, subject to approval by the responsible authorities.
    The Valence Group also acted as financial advisor to Evonik on its $3.8 billion acquisition of Air Products' Performance Materials business.

  •            
    

    has acquired the Performance Materials Business of

    The Valence Group acted as
    financial advisor to Evonik

    The Deal

    The Valence Group has advised Evonik Industries AG on its announced acquisition of the Performance Materials business of Air Products & Chemicals, Inc. for an enterprise value of $3.8bn.

    The Performance Materials business, part of Air Products’ Materials Technologies division, is a global leader in specialty and coatings additives, such as epoxy curing agents, amine-based polyurethane additives and specialty wetting agents. The combination strengthens and complements Evonik’s product portfolio in terms of end markets, technologies and geographic footprint, and is expected to generate synergies of at least $80m per annum, with incremental tax benefits worth in excess of $500m.

    Air Products Performance Materials generated revenue of $1.08bn in 2015 with a corresponding EBITDA of $242m, representing a margin of over 22%. Headquartered in Allentown, PA, the business employs 1,100 globally (of which >20% in R&D), with 50% of its sales in the Americas, 26% in Asia and 24% in Europe, supported by a worldwide network of 11 manufacturing plants and 8 R&D centers. By focusing on high end niche applications, customer specific solutions and truly innovative products, the business has maintained consistently high margins with low capital intensity and strong cash generation.

  • has acquired

    a portfolio company of

    The Valence Group acted as financial advisor to Eurazeo

    The Deal

    The Valence Group has advised Eurazeo on its acquisition of Novacap, a global participant in the pharmaceutical and chemicals industry, for an enterprise value of €654m ($746m[1]), plus up to a €30m ($34m1) earn-out. Following the acquisition, Eurazeo will become the majority shareholder of Novacap with 67% of the equity capital, alongside Mérieux Développement (9%), Ardian (18%) and management (6%).

  • has acquired

    The Valence Group acted as financial advisor to Arsenal

    The Deal

  • a portfolio company of

    has been sold to

    The Valence Group acted as financial advisor to Berwind

    The Deal

    The Valence Group has advised Berwind Corporation on its sale of Specialty Coating Systems to KISCO Holding, Inc., a Delaware subsidiary of KISCO, Ltd., an Osaka, Japan-based, privately held, diversified materials company.

  • has sold

    to

    The Valence Group acted as financial advisor to Arsenal

    The Deal

    The Valence Group has advised Arsenal Capital Partners on its sale of Royal Adhesives and Sealants to American Securities. Royal produces proprietary, high-performance adhesives and sealants. Financial terms of the transaction were not disclosed.
    Acquired by Arsenal in 2010, Royal has grown into a top ten global supplier of adhesives and sealants with sales in excess of $600 million annually.

  • has been sold to

    The Valence Group acted as financial advisor to Nubiola

    The Deal

    The Valence Group has advised Nubiola Group, a global producer of specialty colour pigments, on the sale of the company to Ferro Corporation. Ferro will acquire 100% of the equity of Nubiola for €146 million ($160 million).

  • has sold its Sodium Borohydride business to

    a portfolio company of

    The Valence Group acted as financial advisor to Dow

    The Deal

    The Valence Group has advised The Dow Chemical Company on the sale of its global Sodium Borohydride business to Vertellus Specialty Materials LLC, a portfolio company of Wind Point Partners.

  • has sold

    to

    The Valence Group acted as financial advisor to CBPE

    The Deal

    The Valence Group has advised CBPE Capital (“CBPE”) on its sale of Warwick Chemicals to Lubrizol Corporation, a Berkshire Hathaway company, which closed on December 31, 2014.
    Headquartered in Mostyn, North Wales, Warwick Chemicals is a leading global developer, producer and supplier of stain removal technology with hygiene benefits, and has strong positions with global and regional detergent producers. Their products are an essential element in laundry detergent powders and automatic dishwashing products used across five continents and in more than 50 countries.
    Warwick Chemicals will retain its company name and will become part of Lubrizol Advanced Materials, reporting into Lubrizol’s personal and home care business. This acquisition will complement Lubrizol’s existing home care product line, strengthening its strategy of providing high-value technology solutions to its global customers.
    Financial terms of the transaction were not disclosed.

  • a portfolio company of

    has sold plastisols business to

    The Valence Group acted as financial advisor to Accella

    The Deal

    The Valence Group has advised Accella Performance Materials, Inc. on the sale of certain specialty chemical assets to PolyOne Corporation (NYSE: POL). The divested assets are a strong fit with PolyOne’s Global Color, Additives and Inks segment. Accella was acquired in 2012 by Arsenal Capital Partners.

  •                 
    

    has been sold to

    The Valence Group acted as financial advisor to HSC

    The Deal

    The Valence Group has advised on the sale of HSC Corporation, the leading Chinese producer of electrolyte additives for lithium-ion batteries, to ChangYuan Group. The transaction values HSC Corporation at RMB 900 million (circa $145 million).

    This China-to-China transaction further demonstrates the global chemicals M&A capabilities and expertise of The Valence Group.

  • has acquired

    from

    The Valence Group acted as financial advisor to Permira

    The Deal

    The Valence Group has acted as M&A advisor for a company backed by the Permira funds on its acquisition of CABB Group from private equity firm Bridgepoint.

    CABB is a vertically integrated global supplier of fine and specialty chemicals, and custom manufacturing solutions. The company is one of the leading suppliers of custom synthesized active ingredients and intermediates for the agrochemical and other end markets, and is the leading supplier of monochloroacetic acid (“MCA”), a chemical intermediate used in a variety of applications including agrochemicals, pharmaceuticals, cosmetics, flavors, fragrances, vitamins and surfactants. Headquartered in Sulzbach, near Frankfurt, Germany, CABB employs around 1,000 people, operates six production sites in Germany, Switzerland, Finland, India and China, and generates revenues of approximately €450 million (~$620 million).

  • a portfolio company of

    has acquired

    from

    The Valence Group acted as financial advisor to Royal

    The Deal

    The Valence Group has acted as M&A advisor to Arsenal Capital on its purchase of ADCO Global from Aurora Group and its merger with portfolio company Royal Adhesives and Sealants. Terms of the transaction were not disclosed.

    The combination of Royal and ADCO will create a top ten global supplier of adhesives and sealants with sales approaching $600 million annually.

    Headquartered in Lincolnshire, IL, ADCO Global is a supplier of specialty adhesives, sealants, tapes and coatings serving the construction, transportation, and industrial markets throughout the world. ADCO develops specialized solutions for insulating glass window, roofing, solar panel, wind, bus/trailer/RV, automotive, marine, civil engineering, telecommunications, security glass and general construction applications.

  • A portfolio company of

    has acquired

    from

    The Valence Group acted as financial advisor to Arsenal

    The Deal

    Dash Multi-Corp. (Dash), acquired Pathway Polymers, a leading supplier of polyurethane tire fill material and equipment, from the Vita Group. Dash is a platform portfolio company of Arsenal Capital Partners (Arsenal) which focuses on the specialty technologies of polyurethane systems, vinyl plastisols and recycled rubber products.

  •                     
    

    has acquired

    from

    The Valence Group acted as advisor to Golden Gate

    The Deal

    The Valence Group has acted as M&A adviser to Golden Gate Capital on its acquisition of ArrMaz Custom Chemicals (“ArrMaz”) from private equity firm Snow Phipps. Terms of the transaction were not disclosed.

    This represents the 11th M&A transaction in 2012 on which The Valence Group has advised, representing an aggregate value of $7.4 billion.

    ArrMaz is the leading producer of functional additives and process aids to the fertilizer and asphalt industries, and is a significant provider of chemical products to the related minerals mining industries. ArrMaz is headquartered in Mulberry, Florida and distributes its products in over 70 countries, with production facilities in key locations worldwide.

  • has acquired ChemSolutions from

    The Valence Group acted as financial advisor to Niacet

    The Deal

    The Valence Group have advised Niacet Corporation on the acquisition of Kemira Oyj’s food and pharmaceutical businesses, which, together with its acetate-based chemicals business, form part of Kemira's ChemSolutions business segment. All shares of Kemira ChemSolutions BV, including the manufacturing site in Tiel, the Netherlands, will be transferred from Kemira to Niacet. Other businesses within ChemSolutions, including the chemical, feed and de-icing businesses linked to Kemira's formic acid production in Oulu, Finland, will remain with Kemira.

  • a portfolio company of

    has been sold to

    The Valence Group acted as financial advisor to Houghton

    The Deal

    Houghton International, the industrial fluids manufacturer whose European HQ is based at Trafford Park, has been acquired by Gulf Oil Corp for $1.05bn (£657m).

    Houghton's products are used in the metalworking and automotive industries.

    Its previous owner was American private equity fund AEA Investors which acquired it in 2007.

    Houghton is headquartered in Pennsylvania and has turnover of about £536m.

    Gulf Oil, based in Hyderabad, India, manufactures lubricant products for the agricultural, automotive and industrial sectors.

  •          
    
    
    

    has sold its pharmaceutical ingredients activities to

    The Valence Group acted as financial advisor to Tessenderlo

    The Deal

    Tessenderlo group sold its pharmaceutical ingredients activities, Farchemia and Calaire Chimie, to International Chemical Investors Group (ICIG), a private industrial holding company. The sale concerns two production sites in France and Italy.

    Tessenderlo Group is a worldwide specialty company, focused on food, agriculture, water management and on valorizing bio-residuals. International Chemical Investors Group is a privately owned industrial holding company focusing on mid-sized chemicals and pharmaceutical businesses.

    The Valence Group acted as financial advisor to Tessenderlo.

  • has been sold to

    The Valence Group acted as financial advisor to IGM Resins

    The Deal

    The Valence Group has advised IGM on the sale of the company to NY-based private equity firm, Arsenal Capital, that specializes in making investments in middle market specialty industrial, healthcare and financial services companies. The terms of the transaction were not disclosed.
    IGM is privately held and produces specialty chemicals for the global UV inks and coatings industry. Its products include monomers, oligomers, photoinitiators, additives and customized specialty compounds. The company was founded in 1999 and is based in Waalwijk, Netherlands, with offices and production facilities in Europe, US, South America and China. In 2012, the company is expected to generate sales of approximately €100 million.

  • has sold its Tin Stabilizer Business to

    The Valence Group acted as financial advisor to Arkema

    The Deal

    The Valence Group advised Arkema on its the sale of its tin stabilizer business to PMC Group, headquartered in Mount Laurel, NJ, a manufacturer of performance chemicals and plastics. This proposed divestment of organometallic products includes Thermolite® tin stabilizers, Fascat® catalysts, and fine chemicals. Arkema’s proactive management team continues to demonstrate its commitment to portfolio optimization via a program of acquisitions and divestments to refocus its activities on fast growing core specialty businesses.

    Based on tin chemistry, Thermolite® heat stabilizers are used in PVC production, much of which is used in the construction sector, while Fascat® catalysts are used in automotive specialties and other applications. With a presence across the United States, Europe and Asia, the business reported revenue of approximately €180 million.

  • and

    have sold

    to

    The Valence Group acted as financial advisor to Arsenal

    The Deal

    The Valence Group has advised Arsenal Capital on the sale to BASF of Novolyte, a leading global producer of electrolyte materials for lithium batteries and high-performance solvents. The sale includes Novolyte's joint venture with Foosung, a leading global fluorine chemistry company and high purity lithium salts producer based in South Korea. The terms of the transaction were not disclosed.

    Novolyte is a leading manufacturer of specialty electrolyte materials, high performance solvents, aryl phosphorus derivatives and technically demanding custom manufactured products. The Company's energy storage products include electrolytes and materials used for lithium batteries, ultracapacitors and other energy storage devices.

    These products are an integral part of lithium batteries for hybrid electric (HEV) and electric vehicles, as well as for high-end portable electronic devices. The Company’s performance solvent products include glymes, acetals, aprotic ethers, and green and specialty solvents. These solvents are used in a broad range of applications from cancer treatment drugs to specialized processes such as gold recovery. Novolyte has two state-of-the-art manufacturing plants in Baton Rouge, Louisiana and Suzhou, China.

  • has been sold to

    The Valence Group acted as independent advisor to the Board of Directors of Solutia

    The Deal

    The Valence Group acted as independent advisor to the Board of Directors of Solutia (NYSE:SOA) in relation to the acquisition of Solutia by Eastman Chemical Company (NYSE:EMN), as announced on January 27, 2012.

  • has acquired

    from

    The Valence Group acted as advisor to Kennametal

    The Deal

    The Valence Group advised Kennametal (NYSE: KMT) on its proposed acquisition of Deloro Stellite Group from Duke Street Capital for approximately Euro 277 million.

    Deloro Stellite is a global manufacturer and provider of alloy-based critical wear solutions for extreme environments involving high temperature, corrosion and abrasion. Headquartered in the U.K., the company employs nearly 1,300 people across seven primary facilities globally, including locations in the U.S., Canada, Germany, Italy, India and China. Through proprietary metal alloys and materials expertise, as well as specialized engineering design and fabrication capabilities, Deloro Stellite delivers value-added tailored wear solutions for customers in Kennametals current end markets of oil/gas, power generation, transportation and aerospace.

    "We were very pleased to have been associated with a premier materials company such as Kennametal and advising them on this highly strategic acquisition. said Kirk McIntosh, a co-founder and partner at Valence.

  • has sold

    to

    The Valence Group acted as financial advisor to TA

    The Deal

    The Valence Group advised TA Associates, a Boston-based private equity firm, on the sale of its portfolio company, Microban, a world leader in the provision of branded antimicrobial ingredients, to W.M. Barr. The terms of the transaction were not disclosed.

    Microban engineers durable antimicrobial solutions for consumer, industrial and medical products around the world. W.M. Barr produces specialty cleaning products serving consumer and industrial customers in the home improvement, household and automotive industries.

    We are delighted to have been involved in the sale of this premier and fast-growing specialty chemical company operating in one of the most attractive sub-sectors of the industry, said The Valence Group partner, Joshua Hay.

    Telly Zachariades, co-founder and partner at The Valence Group, added: This transaction continues our strong performance of 9 announced transactions in 2011 and firmly establishes Valence as the most active M&A advisor in the chemicals and material industry by some distance

  • has acquired

    from

    The Valence Group acted as financial advisor to PolyOne

    The Deal

    PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, announced an agreement to acquire ColorMatrix Group, Inc., a leading global innovator in liquid colorants, additives and fluoropolymers, for $486 million, including transaction tax benefits of $10 million.

    The Valence Group acted as M&A advisor to PolyOne on this transaction.

    ColorMatrix is a leading manufacturer of performance-enhancing specialty additives, liquid colorant and dosing technologies that serve diverse niche markets, such as rigid beverage and food packaging, performance molding and fiber. Further, ColorMatrix is a leading global provider of colorant for fluoropolymers, as well as custom color dispersions used in silicone processing. The acquisition will accelerate PolyOnes specialization and globalization strategy.

    Telly Zachariades, Partner at The Valence Group, commented: We are delighted to have advised PolyOne on this transformational agreement, a further demonstration of our long-standing commitment to the company with whom we have acted as advisor on multiple transactions.

  • has sold

    to

    The Valence Group acted as financial advisor to Tessenderlo

    The Deal

    Tessenderlo Group (NYSE Euronext: TESB) sold its subsidiary Chelsea Building Products Inc. (US) to Graham Partners, a US-based, privately-held investment company. The Valence Group provided M&A advisory services to Tessenderlo on the transaction.

    Chelsea Building Products designs and produces PVC profiles for windows and doors and specialty products for the US remodeling and new construction market.

    Peter Hall, Partner at The Valence Group said: This is the third divestiture on which we have advised Tessenderlo in 2011. Were pleased to have been able to play a continuing role in supporting the Tessenderlo team as they reconfigure their portfolio.

  • has acquired

    from

    The Valence Group acted as advisor to CABB

    The Deal

    CABB, a global fine and specialty chemicals company, and a portfolio company of Bridgepoint Capital Group, has acquired KemFine Group from 3i Private Equity. Terms were not disclosed.

    KemFine Group focuses on the custom manufacturing of fine chemicals for the global agro and pharma industries. It is headquartered in Helsinki and operates a production facility in Kokkola, Finland. CABB is one of the world leading suppliers of chemical building blocks based on chlorine and acetic acid and is the world market leader in monochloroacetic acid (MCAA), an essential component used in a wide range of applications ranging from herbicides and personal care to the food industry. It is also a leading custom manufacturer for global agrochemical, food, pharma and chemical companies.

    CABB chief executive Dr. Martin Wienkenhver said: CABB will further strengthen its resilient position in many of its markets through this acquisition. We are very happy to have found with KemFine Group the right partner for the acceleration and further manifestation of our growth strategy.

    Uwe Kolb, partner responsible for Bridgepoint investment activities in the German speaking countries, added: KemFine is a good fit with our recent acquisition of CABB and we are very pleased to be able to help the combined CABB and KemFine management teams to achieve their joint targets.

    Ariel Levin, Partner at The Valence Group noted: This is our sixth transaction of 2011 and proves the extent to which our sector focus and expertise is valued in the chemicals M&A arena. Bridgepoint has skilfully managed to complete a complex back to back deal; our familiarity with the industry and business, including detailed product knowledge, was fundamental to their success. We look forward to continuing to deliver to our clients an unparalleled combination of skill sets and experience as they implement their M&A strategies.

    Anton Ticktin, Director at The Valence Group said: This transaction demonstrated both our depth of understanding of the KemFine business and also our breadth of experience across fine chemicals, custom manufacturing and agrochemicals. KemFine is an outstanding company with more than 10 years of solid growth and, by combining CABB and KemFine, Bridgepoint will create a business with highly complementary customers, chemistries and technologies with the prospect of becoming an undisputed leader in its field. This acquisition demonstrates that The Valence Group sector experience extends across the entire chemicals chain and we are also especially proud to have contributed significant commercial and financial advisory support for the transaction.

  • has sold its Fine Chemicals business to

    The Valence Group acted as financial advisor to Tessenderlo

    The Deal

    The Valence Group has successfully advised Tessenderlo Group (NYSE Euronext: TESB) on its sale of Tessenderlo Fine Chemicals (TFC, Ltd) to Tennants Consolidated Ltd., a leading UK privately held chemical manufacturing and distribution group.

    Frank Coenen, Tessenderlo Group CEO, said This transaction represents a step forward in our strategy of reshaping the groups activities. The group will continue its focus on specialty products and services, especially sustainable products made from by-products of other industries. Mr. Coenen went on to say, The advice we received from the Valence Group was particularly important as we considered this sale. Their expertise in chemical industry mergers and acquisitions proved to be extremely valuable.

    Ariel Levin, Partner, said: We are very excited to be working with the Tessenderlo Group and proud to have played a role in this transaction. Our successful relationship is further evidence that The Valence Group remains the premier advisor to the global chemicals industry.

  • has sold substantially all its assets to

    The Valence Group acted as financial advisor to Vertex

    The Deal

    The Valence Group has successfully advised the Vertex Chemical Corporation on its definitive agreement to sell substantially all the assets of Vertex Chemical Corporation and its affiliates to Hawkins, Inc.

    Michael H. Moisio, Chairman of Vertex commented, "My wife, Lee, and I have operated this family business for the last 32 years and we are very pleased with the opportunity for the Vertex business to increase its growth within the Hawkins organization. We have known and respected Hawkins and its management team for many years. Hawkins has a similar culture to that of Vertex, placing high value on quality and complete customer satisfaction. Both companies are committed to a seamless transition for our customers, suppliers and employees." Mr. Moisio added, "The advice and guidance we received from The Valence Group, which had been recommended for their unmatched expertise in the field of chemical mergers and acquisitions, greatly facilitated this process for us. We relied on the informed direction and support which The Valence Group provided in this successful transaction."

  • has sold its Citric Acid business (Citrique Belge) to

    The Valence Group acted as financial advisor to DSM

    The Deal

    The Valence Group announces that it has successfully advised Royal DSM N.V., on the sale of Citrique Belge to Adcuram.

    Both parties have agreed not to disclose financial details at this time.

    Kirk McIntosh, Partner, said: We are very excited to be working with DSM and proud to have played a role in their strategic realignment. Our successful relationship is further evidence that The Valence Group remains the premier advisor to the global chemicals industry

  • has sold the Aluminum Hot Rolling Oil Business of

    to

    The Valence Group acted as financial advisor to Houghton

    The Deal

    Quaker Chemical Corporation (NYSE: KWR) announced it has acquired D.A. Stuart's U.S. aluminum hot rolling oil business from Houghton International, including the rights to sell the product portfolio internationally. With this acquisition, Quaker becomes a leading player in the US aluminum hot rolling market, serving some of the largest reversing mills, single and multi-stand tandem finishing mills, and combination mill systems in the country. The acquired business had net sales in 2009 of approximately US$7 million.

    The Valence Group acted as financial advisor to Houghton

  • has acquired

    from

    The Valence Group acted as financial advisor to Castle

    The Deal

    Castle Harlan, Inc., the New York private equity investment firm, an affiliate of Castle Harlan Partners V, completed the acquisition of IDQ Holdings, Inc., the industry leader in Do-it-Yourself ("DIY"), branded automotive aftermarket products for servicing and repairing automotive air conditioners. The total transaction is valued at approximately $160 million before working capital adjustments.

    The Valence Group acted as financial advisor to Castle Harlan in this transaction.

  • has sold its UV Acrylates business to

    The Valence Group acted as financial advisor to Cognis

    The Deal

    Cognis (Monheim, Germany) has signed an agreement to sell its UV acrylates business to IGM Resins (Waalwijk, The Netherlands), a supplier of UV curing resins products. Financial terms were not disclosed.

    The Valence Group (London) acted as Cognis's exclusive financial advisor on the transaction. Cogniss UV acrylates business manufactures and sells monomers and oligomers for UV applications marketed under the Photomer brand name. The deal includes the sale of Cogniss Photomer trademarks, intellectual property, inventory, and the firms Charlotte, NC manufacturing site. The manufacturing employees at the site in Charlotte, as well as several business-related employees in the U.S., France and Asia, will be transferred to the new owner, Cognis says. The acquisition of the Photomer UV acrylates business complements and strengthens IGM Resins position as a fully integrated leading supplier of raw materials to the radiation curing industry globally and is a significant boost for our business, says John Huiberts, CEO of IGM Resins. The Photomer business has a strong market position globally and is a highly respected brand, and it is IGM Resins aim to further develop and strengthen that position, he says. The UV acrylates business is part of Cognis Functional Products strategic business unit. The sale is in line with Cognis strategy to focus on its core businesses and product groups supporting the wellness and sustainability trends, Cognis says.

  • has acquired

    from

    The Valence Group acted as financial advisor to Eastman

    The Deal

    Eastman Chemical Company (NYSE: EMN) acquired Genovique Specialties Corporation, a leading global producer of specialty plasticizers, benzoic acid, and sodium benzoate. The acquisition establishes Eastman as a global leader in non-phthalate plasticizers for both general purpose and specialty markets. Terms of the transaction were not disclosed.

    The Valence Group acted as exclusive financial advisor to Eastman on this transaction.

  • has acquired the intergrated Nylon business of

    The Valence Group acted as financial advisor to SK Capital

    The Deal

    SK Capital Partners, a transformational private investment firm, announced it has completed its acquisition of Solutia Inc.’s (NYSE: SOA) integrated nylon business.

    SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors

Deals

New Mountain Capital has partnered with Gelest
Niacet sold to SK Capital
Evonik acquires Silica business of Huber
Evonik acquiring AirProducts Performance Materials business
Eurazeo acquires Novacap
Arsenal Capital acquires Pacific Urethanes
Berwind sold to Kisco
Arsenal Capital sells Royal
Arsenal Capital sells Royal
Nubiola sold to Ferro
Dow sells Sodium Borohydride business to Vertellus
CBPE sells Warwick to Lubrizol
Accella has sold its plastisols business to PolyOne
HSC sold to ChangYuan Group
Permira acquires CABB from Bridgepoint
Royal acquires Adco from Aurora
Dash Multi-Corp acquire Pathway Polymers from Vita
Golden Gate Capital acquires ArrMaz
Niacet acquires ChemSolutions business from Kemira
Houghton sold to Gulf
Tessenderlo Group sells pharmaceutical ingredients activities to ICIG
IGM sold to Arsenal Capital
Arkema sells tin stabilizer business to PMC Group
Arsenal Capital sell Novolyte to BASF
Solutia sold to Eastman
Kennametal acquires Deloro from Duke Street
TA Associates sell Microban to W.M. Barr.
PolyOne acquires ColorMatrix
Tessenderlo sells Chelsea to Graham Partners
CABB acquires Kemfine
Tessenderlo sells Fine Chemicals to Tennants
Vertex sells assets to Hawkins
DSM sells Citrique Belge to Adcuram
Houghton sells Aluminum Hot Rolling Oil Business of Stuart to Quaker
Castle Harlan acquires IDQ
Cognis Sells UV Acrylates Business to IGM
Eastman acquires Genovique
SK acquires integrated Nylon business of Solutia

All Deals - Performance