in this issue
Chemical Week Magazine :: Business & Finance :: United States/Americas
Solutia to Acquire Films Firm
2:30 PM MDT | October 17, 2011 | —Vincent Valk
Quinn: Solutia targets bolt-on acquisitions. Solutia has agreed to acquire Southwall Technologies (Palo Alto, CA), a maker of energy-efficient films and glass products aimed at automotive and architectural markets, the company says. The purchase price will be about $113 million. The $13.60/share purchase price is a 45% premium on Southwall’s share price as of October 6. The total consideration represents a multiple of 9.3x Southwall’s full-year 2011 Ebitda. Southwall’s net income for 2011 totaled $9.8 million. Southwall recorded a loss of...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee