Industry Update: Specialty Chemicals
VRC is proud to release its latest Industry Report. The report provides a concise, insightful update on the Specialty Chemical industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
Read the full report: Specialty Chemicals: May 2020
May 2020 Industry Highlights
- On March 19, 2020, German specialty chemicals firm Evonik announced that its purchase agreement to acquire innovativeHealth Group
(innoHealth) was recently completed, expanding its position in novel dermocosmetic products. The financial terms of the transaction were not
revealed. - On March 3, 2020, PPG announced that it has completed its acquisition of Alpha Coating Technologies, LLC, a manufacturer of powder coatings for light industrial applications and heat-sensitive substrates. Financial terms were not disclosed.
- On February 4, 2020, Celanese Corporation, a global chemical and specialty materials company, and Nouryon announced they have signed
an agreement for Celanese to acquire Nouryon’s redispersible polymer powders business offered under the Elotex® brand. Celanese will acquire
all of Nouryon’s global production facilities for redispersible polymer powders across Europe and Asia, all products under the Elotex® portfolio,
as well as all customer agreements, technology, and commercial facilities globally. - Read the full May 2020 Specialty Chemicals industry report.
Past Industry Updates:
