Articles Tagged with ''mergers and acquisitions''

Recent shocks in supply chains that manifested in increased inventory holdings and subsequent destocking have subsided, and the industry has relearned a critical lesson from the volatility—the importance of supply chain reliability.

The acquisition enhances the company's position in the packaging coatings market, promising growth and innovative solutions for customers in Europe.

A multibillion-euro acquisition deal is expected to bring new opportunities for Covestro as plans with ADNOC move forward.

Painters USA will continue to expand its services and grow in Wisconsin, reinforcing its commitment to delivering top-quality, reliable services.

The newly acquired company’s products are key in the manufacture of liquid abrasives used in automotive polish formulations, precision powders, and slurries used by the optics and photonics industries, and wafers ultimately used by the semi-conductor industry. 

The company announced a strategic acquisition of significant methanol production facilities and a low-carbon methanol business.

The acquisition included AUSA’s 250,000-sq.-ft. manufacturing facility in Barcelona, Spain, approximately 350 team members and access to 200 equipment dealers worldwide.

Tony Thomas, President of Polyrheo USA, said the new site "represents a logical next step towards our strategic goal of becoming a significant chemical manufacturer in the United States with a focus on chemicals used in the CASE market, especially resins."

The transaction is expected to close in the fourth quarter of 2024, subject to customary closing conditions. 

The sale marks a significant milestone for both companies involved and was advised by Lexington Corporate Finance.