• is acquiring

    from

    The Valence Group acted as Financial Advisor to Arkema

    The Deal

    The Valence Group has advised Arkema S.A. on its acquisition of ArrMaz Products LP from Golden Gate Capital for $570m. ArrMaz, headquartered in Mulberry, FL, is a global leader in specialty surfactants for crop nutrition, mining and infrastructure. The company generates approx. $290m in revenue with an 18% EBITDA margin.

    About Arkema

    A global specialty chemical company, Arkema has 136 production sites and 15 research centers across some 50 countries and employs around 20,000 people. The Arkema group generates annual revenues of €8.8 billion, and holds leadership positions in all its markets with a portfolio of internationally recognized brands.

    About Golden Gate Capital

    Golden Gate Capital is a San Francisco-based private equity investment firm with over $15 billion of capital under management. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. Notable investments sponsored by Golden Gate Capital include Active Minerals, U.S. Silica, EP Minerals, ANGUS, Cole-Parmer and Vantage Elevator Solutions.

  •  

    has acquired the
    Ashtabula, OH Titanium Dioxide plant of

     

    The Valence Group acted as
    Financial Advisor to INEOS Enterprises

    The Deal

    The Valence Group acted as financial advisor to INEOS Enterprises, a division of INEOS, on its announced $700 million acquisition of Cristal’s North American titanium dioxide business from Tronox. The acquired business comprises two plants located at Cristal’s Ashtabula, OH (US) complex.

    INEOS is one of the world’s largest chemicals companies and the 50th largest business in the world, employing around 20,000 people across 171 sites in 24 countries. It is a privately owned company with sales in 2017 of $60bn and EBITDA of $7bn. In addition to its growth in petrochemicals, it has acquired oil & gas fields in the UK, Denmark and Norway and is a top 10 company and the biggest private enterprise operating in the North Sea.

    INEOS Enterprises comprises a portfolio of businesses manufacturing chemical products in Northern Europe USA and Canada, with sales of €2bn around the world. The business is focused on the developing needs of its customers and rapid growth through investment in new products and manufacturing facilities or by acquisition. It employs c. 2,000 people across sites in the UK, Germany, Sweden, Switzerland, Canada and the USA. INEOS Enterprises is not part of the INEOS Group Holdings bank group.

    Tronox Limited is a vertically integrated mining and inorganic chemical business. The company mines and processes titanium ore, zircon and other minerals, and manufactures titanium dioxide pigments that add brightness and durability to paints, plastics, paper and other everyday products.

    Cristal (also known as The National Titanium Dioxide Company Limited) operates eight manufacturing plants in seven countries on five continents and employs approximately 4,100 people worldwide. Cristal is owned 79 percent by Tasnee (a listed Saudi joint-stock company) and 20 percent by Gulf Investment Corporation (GIC), a company equally owned by the six states of the Gulf Cooperation Council (GCC), headquartered in Kuwait. One percent of the company is owned by Dr. Talal A. Al-Shair, who also serves as vice chairman, Tasnee and chairman of Cristal.

  •  

    has sold its
    Melamines & Paraform businesses to

    The Valence Group acted as
    Financial Advisor to INEOS Enterprises

    The Deal

    The Valence Group acted as financial advisor to INEOS Enterprises, a division of INEOS, on its announced sale of INEOS Melamines & Paraform to Prefere Resins Holding GmbH. The agreement covers sites in USA, Germany and Indonesia. INEOS Paraform is Europe’s second largest producer of paraformaldehyde. INEOS Melamines is a world leader in the supply of melamine resins into coatings, paper, textile, tyre, rubber, and decorative laminates industries. Financial terms of the transaction were not disclosed.

  • has sold

    to

    The Valence Group acted as Financial Advisor to Dunes Point Capital

    The Deal

    The Valence Group advised Dunes Point Capital, LP on its sale of Miller Chemical and Fertilizer, LLC, a division of Industrial Group Holdings, LLC, to Huber Engineered Materials, part of J.M. Huber Corporation. Financial terms of the transaction were not disclosed.

    Miller manufactures and distributes crop protection and nutritional agrichemical products designed to improve plant and crop production quality and yield. Miller sells its products into the farming and agricultural industries in more than 90 countries via its global sales force of skilled agronomists and distributors, and targets the high value segment of fruits, nuts and vegetables.

  •  

    has acquired

    from

    The Valence Group acted as Financial Advisor to Golden Gate Capital

    The Deal

    The Valence Group acted as financial advisor to Golden Gate Capital on its announced acquisition of Active Minerals International from Merit Capital Partners. Financial terms of the transaction were not disclosed.

  • is acquiring the Composites business and German BDO plant of

    The Valence Group acted as Financial Advisor to INEOS Enterprises

    The Deal

    The Valence Group acted as financial advisor to INEOS Enterprises on its announced acquisition of the Composites business and BDO facility in Germany of Ashland Global Holdings Inc. (“Ashland”) for $1.1 billion. The transaction is expected to complete in the first half of 2019, subject to regulatory approval and consultation processes.

    The Composites business is a global leader in unsaturated polyester resins, vinyl ester resins and gel coats. In addition to its wide range of gelcoats, the business also provides corrosion-resistant fiberglass reinforced plastics which provide exceptional durability, superior heat resistance, low maintenance and high performance for challenging environments. The BDO facility in Marl, Germany produces key intermediates for high performance polyesters and polyurethanes. The businesses included in the transaction comprise 20 manufacturing sites in Europe, North and South America, Asia and the Middle East, employ 1,300 people and generate combined sales of more than $1.1 billion per annum.

  • a joint venture of

         

    has sold
    toThe Valence Group acted as financial advisor to ChemicaInvest

    The Deal

    The Valence Group has advised ChemicaInvest, a joint venture between CVC Capital Partners and Royal DSM, on the sale of Fibrant BV and 60% of the shares of Fibrant China to Highsun Group Holdings Limited of China. The transaction is expected to close in Q3 2018.

  • has acquired
    the specialty chemicals business of

    now known as

    The Valence Group acted as
    Financial Advisor to Carlyle

    The Deal

    The Valence Group has advised The Carlyle Group on its announced acquisition of AkzoNobel's Specialty Chemicals Business for €10.1 billion (approx. $12.5 billion). The transaction is expected to be completed before the end of 2018. This will be the largest ever leveraged buy-out in the chemicals industry.

  • has acquired

    a portfolio company of

    The Valence Group issued a
    Fairness Opinion to the Board of Directors of U.S. Silica

    The Deal

    The Valence Group provided a fairness opinion to the Board of Directors of US Silica (NYSE: SLCA) on its announced acquisition of EP Minerals for $750 million. The transaction is expected to close during the second quarter of 2018.

    U.S. Silica Holdings, Inc., a member of the Russell 2000, is a leading producer of commercial silica used in the oil and gas industry, and in a wide range of industrial applications. Over its 118-year history, U.S. Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 200 products.

    EP Minerals, with sales of over $200 million, is a global producer of engineered materials derived from industrial minerals, including diatomaceous earth (DE), clay (calcium bentonite) and perlite. The company is the number one or number two player in each of its global markets.

  • has sold

     to

    The Valence Group acted as Financial Advisor to Itaúsa

    The Deal

    The Valence Group acted as advisor to Itaúsa on its sale of Brazilian chemical company Elekeiroz for R$160 million (EV), reduced by the net debt and proportionate to its shareholding (96.5% of total capital stock). The Company is a leading local producer of oxo-alcohols, plasticizers and anhydrides.

  •  

    has acquired the fire safety and oil additives businesses of

    The Valence Group acted as Financial Advisor to SK Capital

    The Deal

    The Valence Group acted as lead financial advisor to SK Capital Partners on its announced acquisition of the Fire Safety and Oil Additives businesses of Israel Chemicals Ltd. (“ICL”) for approximately $1 billion. The transaction is expected to close during the first half of 2018.

    The Businesses, headquartered in St. Louis, Missouri, have global operations and are market leaders in each of their segments. The ICL Fire Safety business is a formulator and manufacturer of fire management chemicals. Its Phos-Chek fire retardants, Class A and B foams, and water enhancing gels are the world’s leading chemical solutions for managing wildland, military, industrial and municipal fires, and are used in partnership with fire management agencies across the globe. The ICL Oil Additives business provides high quality phosphorus pentasulfide used in the preparation of ZDDP-based lubricant additives, in critical engine anti-wear solutions that lead to prolonged combustion engine function, as well as in pesticide and mining chemicals applications.

  • a portfolio company of

    has acquired the bleaching clay
    & mineral adsorbents business of

    The Valence Group acted as advisor to Golden Gate

    The Deal

  •              
    

    has acquired

    The Valence Group issued a fairness opinion to the Board of Directors of Quaker Chemical

    The Deal

    The Valence Group has provided a fairness opinion to the Board of Directors of Quaker Chemical
    Corporation (NYSE: KWR) in connection with its recently announced combination with Houghton
    International Inc.
    Under the terms of the agreement, Houghton International shareholders will receive a mix of cash and
    Quaker Chemical stock, and Quaker Chemical will assume Houghton International’s outstanding net
    debt.
    At the time of announcement, the aggregate transaction consideration was valued at $1.42 billion.

  •  

    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.

  • sold

    to

    The Valence Group acted as
    financial advisor to Safripol

    The Deal

    The Valence Group has advised Safripol Holdings Proprietary Limited (“Safripol”) on its sale to KAP Industrial Holdings Limited (“KAP”) for an enterprise value of ZAR4.1bn (c. US$310m).
    This successful intra-Africa sell-side transaction highlights the truly global nature of The Valence Group’s reach and capabilities.

  •   has acquired the 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 been sold to

    The Valence Group acted as
    financial advisor to Canexus

    The Deal

    The Valence Group has advised Canexus Corporation (TSX: CUS) on its sale to Chemtrade Logistics Income Fund (TSE: CHE.UN) for cash consideration of C$1.65 per common share, equivalent to an enterprise value of approximately C$900 million.
    The transaction, which has been unanimously approved by the Canexus Board of Directors, is structured as a Plan of Arrangement and is subject to regulatory and shareholder approval, as well as other customary closing conditions.
    Canexus is recommending shareholders vote in favor of the transaction and closing is expected before the end of April 2017.
    The Valence Group also provided a fairness opinion to the Board of Directors of Canexus.

  • has sold

    to

    The Valence Group acted as
    financial advisor to Dow

    The Deal

    The Valence Group has advised The Dow Chemical Company on the sale of SAFECHEM Europe GmbH to CBPE Capital LLP, a London-based private equity investor.
    SAFECHEM, headquartered in Düsseldorf, Germany, provides sustainable cleaning solutions, equipment and services for metal surface and dry cleaning applications to over 5,000 customers worldwide.
    The transaction was completed on December 31, 2016. Terms were not disclosed.
    The Valence Group also acted as financial advisor to Dow on the sale of its global Sodium Borohydride business to Wind Point Partners in February 2015.

  •            
    

    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 sold its
    expandable polystyrene
    business to

    The Valence Group acted as
    financial advisor to INEOS

    The Deal

    The Valence Group has advised INEOS Group AG on its sale of INEOS Styrenics, a producer of high quality expandable polystyrene for the building, construction and packaging industries, to Synthos S.A., one of the largest chemical companies in Poland and the CEE region.

  • 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 certain chlorvinyls businesses as a remedy to secure European Commission approval of INOVYN, their planned PVC JV, to

    The Valence Group acted as financial advisor to INEOS/Solvay

    The Deal

  • has sold its 65% interest in the Polymer Intermediates and Composite Resins businesses to

    The Valence Group acted as financial advisor to DSM

    The Deal

    The Valence Group has advised DSM on its exit from its Polymer Intermediates (Caprolactam and Acrylonitrile) and Composite Resins via the creation of a partnership with CVC

  • 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 sold its compounds business to

    The Valence Group acted as financial advisor to Tessenderlo

    The Deal

    The Valence Group has acted as M&A advisor to Tessenderlo Group on the intended sale of its Compounds activities to Mitsubishi Chemicals Corporation. Terms of the transaction were not disclosed.
    Tessenderlo’s Compounds business unit employs 360 people and focuses on the formulation and production of thermoplastic elastomers (TPE) and PVC compounds for the building, automotive, cabling, manufacturing and footwear industries. The sale comprises four production sites in France, Poland and China, and an R&D site in Belgium.

  •                     
    

    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.

  • has sold

    to

    The Valence Group acted as advisor to DSM/Exxon

    The Deal

    Royal DSM, the global Life Sciences and Materials Sciences company, has reached an agreement with Borealis AG for the sale of DEXPlastomers V.o.F, a 50/50 Joint Venture of DSM with an affiliate of ExxonMobil Chemical. DSM will also sell its LldPE Compact Solution Technology to Borealis. Established in 1996, DEXPlastomers is a 50/50 joint venture between DSM and Exxon Chemical Holland Ventures B.V., producing C8 plastomers and linear low density polyethylene. DSM’s LldPE Compact Solution Technology was developed in the 1960’s to produce polyethylenes in a certain density range and is instrumental to the operations of DEXPlastomers. In 2012, DEXPlastomers anticipates sales of approximately €180 million. Currently, 95 DSM employees are in the scope of the transaction. For DSM, a sale of DEXPlastomers is in line with its long-term focus of being a Life Sciences and Materials Sciences company, active in health, nutrition and materials. DSM’s 50% participation in DEXPlastomers is reported under Corporate Activitie

  • 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.

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