IHS Chemical Week

Platform Holdings to acquire MacDermid for $1.8 billion

10:46 AM MDT | October 11, 2013

Platform Acquisition Holdings (PAH; Tortola, UK Virgin Islands) has entered into a definitive agreement to acquire MacDermid (Denver), for approximately $1.8 billion plus contingent consideration, PAH says. Platform will be renamed Platform Specialty Products (PSP). Following the close of the transaction, PSP expects to complete a listing of its shares on the New York Stock Exchange by the end of 2013. The transaction is expected to be funded through proceeds from Platform's previously completed initial public offering, an amendment of MacDermid's existing first...

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