2 Acquisitions of Companies in the Advanced Materials Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Advanced Materials industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Advanced Materials industry.

Chint Science and Technology Innovation Park acquired by Chint Electrics

Details about the transaction:

Acquisition amount:

$36,079,891

Announcement:

22 December 2022

Details about the company:

Science and technology innovation and entrepreneurship parks are developed by CSTIP.

Headquarter:

Liushi, Zhejiang, China

Where to find them:

Industry:

Advanced Materials, Corporate Training, Project Management

Details about the buyer:

Low voltage electric appliances are produced by Zhejiang Chint Electrics Co., Ltd.

Headquarter:

Yueqing, Zhejiang, China

Where to find them:

Keronite acquired by Curtiss-Wright

Details about the transaction:

Acquisition amount:

$35,000,000

Announcement:

16 November 2022

Details about the company:

Global technology business Keronite has developed an eco-friendly method for treating the surface of light alloys.

Headquarter:

Haverhill, Suffolk, United Kingdom

Where to find them:

Industry:

Advanced Materials, Building Material, Chemical, Manufacturing

Details about the buyer:

Curtiss-Wright serves the commercial, industrial, defense, and energy industries with engineered, critical function goods and services.

Headquarter:

Parsippany, New Jersey, United States

Where to find them: