8 Acquisitions of Companies in the Chemical Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Chemical 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 8 acquisitions that took place in the Chemical industry.

Briar Chemicals Ltd. acquired by Safex Chemicals

Details about the transaction:

Acquisition amount:

$80,037,629

Announcement:

11 October 2022

Details about the company:

Agrochemical products are produced by the chemical business Briar Chemicals Ltd.

Headquarter:

Norwich, Norfolk, United Kingdom

Where to find them:

Industry:

Chemical, Manufacturing

Details about the buyer:

A firm with a significant presence in the Indian agrochemicals market is Safex Chemicals.

Headquarter:

Delhi, Delhi, India

Where to find them:

BT Imaging acquired by Aurora Solar Technologies

Details about the transaction:

Acquisition amount:

$1,205,310

Announcement:

5 July 2022

Details about the company:

A cleantech business called BT Imaging creates and develops luminescence-imaging technologies for the solar manufacturing sector.

Headquarter:

Surry Hills, New South Wales, Australia

Where to find them:

Industry:

Chemical, CleanTech, Manufacturing

Details about the buyer:

Production Measurement and Control systems are developed and marketed by Aurora Solar Technologies.

Headquarter:

North Vancouver, British Columbia, Canada

Where to find them:

Xiangyu Biotechnology acquired by Hubei Forbon Technology

Details about the transaction:

Acquisition amount:

$13,742,736

Announcement:

13 December 2021

Details about the company:

A technological enterprise called Xiangyu Biotechnology creates and manufactures colorants.

Headquarter:

Hunan, Fujian, China

Where to find them:

Industry:

Biotechnology, Chemical, Chemical Engineering, Food and Beverage, Pharmaceutical

Details about the buyer:

Chinese supplier of agricultural inputs.

Headquarter:

Wuhan, Hubei, 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:

Oro Agri acquired by Omnia Holdings Ltd.

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

7 March 2018

Details about the company:

For international distribution, Oro Agri has created, produced, and sold a variety of agrochemical products.

Headquarter:

Fresno, California, United States

Where to find them:

Industry:

Chemical, Manufacturing

Details about the buyer:

Omnia Holdings Ltd. is a group that produces several chemicals.

Headquarter:

Bryanston, NA - South Africa, South Africa

Where to find them:

Zhou's Plastic acquired by Dawn

Details about the transaction:

Acquisition amount:

$2,342,319

Announcement:

30 December 2022

Details about the company:

Manufacturer of plastic packing bags Zhou's Plastic specializes in the packaging and degradable plastic bag sectors.

Headquarter:

Qingdao, Fujian, China

Where to find them:

Industry:

Chemical, Manufacturing, Packaging Services, Plastics and Rubber Manufacturing

Details about the buyer:

Dawn Co., Ltd. produces polymer-based products.

Headquarter:

Shandong, Fujian, China

Where to find them:

SEAT acquired by Hangzhou Oxygen Plant Group

Details about the transaction:

Acquisition amount:

$31,719,149

Announcement:

8 December 2022

Details about the company:

SEAT produces gases for electronic materials of the highest quality.

Headquarter:

Quzhou, Zhejiang, China

Where to find them:

Industry:

Chemical, Electronics, Manufacturing, Oil and Gas

Details about the buyer:

Product manufacturers of industrial gas machinery include Hangzhou Oxygen Plant Group.

Headquarter:

Hangzhou, Zhejiang, China

Where to find them:

CIPY Polyurethanes Pvt. Ltd. acquired by Pidilite Industries Limited

Details about the transaction:

Acquisition amount:

$15,200,000

Announcement:

5 January 2018

Details about the company:

Pvt. CIPY Polyurethanes Ltd. manufactures floor coatings.

Headquarter:

Pune, Maharashtra, India

Where to find them:

Industry:

Chemical, Manufacturing

Details about the buyer:

Consumer and specialty chemicals are offered by Pidilite Industries Limited.

Headquarter:

Mumbai, Maharashtra, India

Where to find them: