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April 29, 2013
The Bourgogne Développement Industrie Group (BDI; Paris) has acquired Semoflex (Ogeu-les-Bains, France), the companies have announced. The takeover results in BDI, which also...
http://www.chemweek.com/people_and_business/m_and_a/Frances-BDI-Group-takes-over-Semoflex-becomes-third-largest-PE-converter-in-France_51547.html
April 29, 2013
Bayer HealthCare has signed a merger agreement with Conceptus (Mountain View; CA), the developer of the Essure procedure—a leading nonsurgical, permanent birth-control...
http://www.chemweek.com/people_and_business/m_and_a/Bayer-to-acquire-birth-control-firm-Conceptus-for-$1-1-billion_51545.html
April 26, 2013
SK Innovation (Seoul) plans to enter the Chinese electric vehicle (EV) battery market via a joint venture at Beijing with two state-owned Chinese partners, Beijing Automotive Industry...
http://www.chemweek.com/people_and_business/m_and_a/SK-Innovation-to-form-car-battery-JV-in-China_51467.html
April 26, 2013
Lanxess says it has acquired PCTS Specialty Chemicals (Singapore) for an undisclosed amount....
http://www.chemweek.com/people_and_business/m_and_a/Lanxess-acquires-Singapore-based-biocides-company-PCTS_51430.html
April 26, 2013
Georgia-Pacific (Atlanta) plans to acquire Buckeye Technologies (Memphis, TN) in a $1.5-billion deal including debt, the companies have announced. The transaction will result in...
http://www.chemweek.com/people_and_business/m_and_a/Georgia-Pacific-to-acquire-chemical-cellulose-manufacturer-in-$1-5-billion-deal_51518.html
April 24, 2013
Ferro has reported first-quarter net income of $800,000 down 78.9% from the same quarter last year, on sales down 9.1% year-on-year (YOY), to $418 million. Excluding discontinued...
http://www.chemweek.com/people_and_business/m_and_a/Ferro-earnings-top-estimates-despite-sales-decline_51432.html
April 24, 2013
Ecolab says it has reached an agreement to acquire AkzoNobel’s Purate antimicrobial water treatment technology for an undisclosed sum. The business provides proprietary chlorine...
http://www.chemweek.com/people_and_business/m_and_a/Ecolab-to-buy-AkzoNobels-chlorine-dioxide-water-treatment-business_51406.html
April 23, 2013
BASF today announced plans to restructure its performance products segment, including 500 job cuts worldwide by end-2015. The businesses affected are mainly former Ciba Specialty...
http://www.chemweek.com/people_and_business/m_and_a/BASF-deepens-restructuring-of-performance-products-with-500-job-cuts_51361.html
April 23, 2013
Potash producer Belaruskali (Solihorsk, Belarus) has acquired a 30% stake in the Lithuania's Port of Klaipeda's bulk terminal, media reports say. Belaruskali will pay up to $30 million...
http://www.chemweek.com/people_and_business/m_and_a/Reports-Belaruskali-acquires-stake-in-terminal-at-Lithuanian-port_51359.html
April 23, 2013
Ethiopian Potash Corp. (EPC; Toronto) and AIM-listed Premier African Minerals (London) have signed a definitive contract for the sale of Premier's G&B African Resources Mali...
http://www.chemweek.com/people_and_business/m_and_a/Ethiopian-Potash-acquires-exploration-authorization-rights-in-Mali_51356.html
April 23, 2013
Evonik Industries will be a publicly traded company after seven years of private ownership. Following approval of an offering prospectus by the German Federal Financial...
http://www.chemweek.com/people_and_business/m_and_a/Evonik-Industries-shares-to-be-listed-on-Frankfurt-and-Luxembourg-stock-exchanges-tomorrow_51355.html
April 22, 2013
In the latest salvo in the ongoing A. Schulman– Ferro fight, Schulman management today issued a statement refuting a letter Ferro sent to its shareholders last week. Schulman...
http://www.chemweek.com/people_and_business/m_and_a/Schulman-responds-to-Ferro-shareholder-letter_51337.html
April 19, 2013
The European Bank for Reconstruction and Development (EBRD; London) has acquired a 5.75% stake in Grupa Azoty (Tarnów, Poland), the country’s largest producer of...
http://www.chemweek.com/people_and_business/m_and_a/EBRD-acquires-stake-in-Polands-Grupa-Azoty_51302.html
April 18, 2013
In an effort to win a proxy fight with investors FrontFour Capital and Quinpario Partners, Ferro has sent an additional letter to shareholders detailing what the company calls the...
http://www.chemweek.com/people_and_business/m_and_a/Ferro-sends-additional-letter-to-shareholders-dissident-investors-respond_51285.html
April 18, 2013
Lenzing (Lenzing, Austria) says it has agreed to sell an 85% stake in Lenzing Plastics (Lenzing) to an Austrian consortium led by Invest AG, the investment company of the Raiffeisen...
http://www.chemweek.com/people_and_business/m_and_a/Lenzing-sells-majority-stake-in-Lenzing-Plastics_51270.html
April 16, 2013
Haltermann Holding (Hamburg) has completed the acquisition of Petrochem Carless (Leatherhead, UK) for an undisclosed amount. Completion of the deal was confirmed today by private...
http://www.chemweek.com/people_and_business/m_and_a/Haltermann-completes-purchase-of-Petrochem-Carless_51210.html
April 16, 2013
Ecolab last week closed on its $2.3-billion acquisition of Champion Technologies. The company secured US antitrust approval for the deal when it agreed to sell a Champion chemical...
http://www.chemweek.com/people_and_business/m_and_a/Ecolab-closes-Champion-deal-to-sell-deepwater-unit-to-Clariant_51109.html
April 15, 2013
Berger Paints India (Kolkata) has informed the Bombay Stock Exchange that it has agreed to acquire the architectural paints business of Sherwin-Williams (SW) Paints India for an...
http://www.chemweek.com/people_and_business/m_and_a/Berger-buys-from-SW_51135.html
April 15, 2013
Perstorp and Johnson Matthey (JM) say that JM has acquired Perstorp’s formaldehyde technology and catalyst business, Formox (Perstorp, Sweden), for 1.05 billion Swedish kronor...
http://www.chemweek.com/people_and_business/m_and_a/JM-buys-Perstorp-catalyst-and-technology-business_51131.html
April 15, 2013
PPG Industries has completed the $1.05-billion purchase of AkzoNobel’s North American architectural coatings business. The acquired business had 2012 sales of €1.19 billion...
http://www.chemweek.com/people_and_business/m_and_a/PPG-completes-AkzoNobel-decorative-coatings-acquisition_51140.html
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