With this acquisition, PureTech Scientific is positioning itself to become the global leader in organic synthesis of ultra-high purity alpha hydroxy acids for the life sciences and specialty chemical industries.
Grace Matthews, Inc. served as financial advisor to Rudd on the transaction.
“[Rudd’s] reputation for innovation, reliability, and customer service is a perfect fit with our own values,” said Chris Hicks, President/CEO of Gemini Coatings.
Sirius will reinforce Azelis' sustainability program and enable it to offer innovative environmental solutions to its customers in the EMEA region and beyond.
The combined capabilities will provide an opportunity for accelerating the growth of novel graphene-based solutions by utilizing UMI’s proprietary graphene capabilities and AGM’s dispersion platform technologies.
The intended acquisition follows a series of recent acquisitions by AkzoNobel across paints and coatings over the last years. Completion, which is subject to regulatory approvals, is expected in the second half of 2023.
The newly branded Oxerra plans to become a complete color solution manufacturer and provider of advanced, sustainable and cutting-edge solutions in the coating, plastic, construction, and specialty markets.
In addition to enhancing Stahl’s product offering and manufacturing capabilities, the acquisition stands to strengthen the company’s environmental, social, and governance (ESG) leadership position.
Grace Matthews reports on continued challenges and opportunities ahead in 2023 after low levels of M&A activity in 2022 due to high interest rates, global economic uncertainty, political instability, and other factors.
