Speciality chemicals firm Aquapharm Chemicals Pvt. Ltd is in talks with private equity (PE) investors to raise ₹5,000 crore through a stake sale, two people familiar with the development said. However, the company has...
European Commission gives Sika conditional approval for MBCC deal
The European Commission has given conditional approval for the proposed acquisition of Germany-based MBCC by Swiss chemicals company Sika, the EU executive body said on Wednesday. The approval is conditional on the...
Germany’s Brenntag in takeover talks with U.S. rival Univar
Brenntag SE said it held preliminary discussions with U.S. rival Univar Solutions Inc regarding a potential acquisition, as the German chemicals distributor seeks to expand its footprint in the United States. The move...
Fairfax India to sell Fairchem Organics stake
Billionaire Prem Watsa-backed Fairfax India Holdings Corp. is looking to sell its majority stake in speciality chemicals manufacturer Fairchem Organics Ltd, three people aware of the development said. A transaction may...
Sika to buy former BASF chemicals company from Lone Star for $6 billion
Swiss chemicals company Sika has agreed to buy MBCC Group for 5.5 billion Swiss francs ($6 billion) to boost its position in sustainable building, making its biggest-ever acquisition in the fragmented $70 billion...
Wacker Chemie to buy majority stake in China’s Sico for $140 million
Wacker Chemie will buy a 60% stake in Chinese rival Sico Performance Material for about 120 million euros ($139.66 million), the German chemical company said on Wednesday. Sico makes specialty components for high...
France’s Arkema agrees to buy Ashland’s performance adhesives unit
French chemical maker Arkema said on Tuesday it had agreed to buy the performance adhesives business of Ashland Global Holdings in a deal valuing the unit at $1.65 billion including debt. Arkema said the unit would...
Chemical firm Rossari Biotech to acquire Unitop Chemicals for Rs 421 crore
Speciality-Chemicals manufacturer Rossari Biotech on Wednesday announced the acquisition of Unitop Chemicals, a supplier of surfactants, emulsifiers, and specialty chemicals, for Rs 421 crore. Rossari will be acquiring...
Standard Industries to buy chemicals maker W. R. Grace in $4.63 billion deal
Standard Industries Holdings Inc said on Monday it would buy global speciality chemicals company W. R. Grace & Co in a sweetened $4.63 billion cash deal. Standard Industries will buy all outstanding shares for $70...
Chemicals major Sanmar plans to raise equity to repay restructure debt
Fairfax-backed Sanmar Chemicals Group (Sanmar) is planning to raise equity to repay its restructure debt. The move would help the company to make investments in projects that exploit growth and cost-saving opportunities...
PQ Group Holdings to sell its performance chemicals unit for $1.1 billion
PQ Group Holdings Inc said on Monday it has agreed to sell its performance chemicals business, which makes cleaning and whitening agents for toothpaste and surface coatings, to a partnership formed by Cerberus Capital...
Chemical firm Lanxess buys U.S.-based Emerald Kalama in $1.1 billion deal
German chemical company Lanxess is buying U.S.-based Emerald Kalama Chemical for an enterprise value of about $1.08 billion to strengthen its consumer business. The acquisition was announced on Sunday by Lanxess which...
