Eastman acquires Genovique

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.