M&A in the Chemical Industry
Navigating Uncertainty While Unlocking Strategic Opportunities
Mergers & Acquisitions (M&A)
Covestro to Acquire Two Vencorex Sites for Expanding Aliphatics Production
Covestro has agreed to acquire two legal entities with stand-alone production sites for HDI (Hexamethylene Diisocyanate) derivatives in Rayong, Thailand, and Freeport, USA, from Vencorex Holding SAS.
Cabot Corporation to Acquire Mexico Carbon Manufacturing
Cabot Corporation has entered into a definitive agreement to acquire Mexico Carbon Manufacturing from Bridgestone Corporation.
Saint-Gobain Acquires Three Construction Chemical Firms
Saint-Gobain has strengthened its construction chemicals business with the acquisition of three companies: Interstar Materials in North America, Isoltech in Italy, and Soquimic in Peru.
Merck Sells Pigments Business to GNMI
Merck transferred its Surface Solutions business to Global New Material International (GNMI), one of the largest manufacturers of pearlescent pigments.
Ofichem Acquires Meribel Pharma Solutions’ Uppsala Site
Ofichem, a European CDMO specialising in high-quality active pharmaceutical ingredients (APIs) and integrated drug development and manufacturing services, has acquired Meribel Pharma Solutions’ site in Uppsala, Sweden.
Bakelite Acquires Sestec to Boost Bio-based Adhesives Offering
Bakelite has successfully acquired Sestec, a Poland-based company, for its sustainable protein-based adhesives for wood and composite products.
Harke Acquires Swedish Vendico
Harke Group, based in Mülheim an der Ruhr, Germany, acquired the Swedish Vendico Group, comprising Vendico Chemical, Inventicon, and Omni International.
MSD to Acquire Verona Pharma for $10 Billion
MSD, known as Merck & Co. in the US and Canada, recently announced it will acquire Verona Pharma, a biopharmaceutical company focused on respiratory diseases, for approximately $10 billion.
Azelis Acquires Italian Specialty Chemicals Distributor ACEF
Azelis has acquired Azienda Chimica e Farmaceutica (‘ACEF’), a distributor of speciality raw materials and ingredients for the cosmetic, nutraceutical, galenic, and pharma industries in Italy.
Bio-Rad Acquires Stilla Technologies
Bio-Rad Laboratories, a life science research and clinical diagnostics company, has completed the acquisition of Stilla Technologies, a developer of digital PCR (dPCR) systems.
AbbVie to Acquire Capstan Therapeutics for $2 Billion
AbbVie has announced it will acquire Capstan Therapeutics, a clinical-stage biotechnology company focused on advancing in vivo cell engineering through RNA delivery using targeted lipid nanoparticles (tLNPs).
BASF Completes Acquisition of DOMO Chemicals' Shares in Alsachimie JV
BASF has acquired DOMO Chemicals' 49% stake in the Alsachimie joint venture and is now the sole owner of the production company for essential precursors of polyamide (PA) 6.6, including KA oil, adipic acid and hexamethylenediamine adipate (AH salt) in Chalampé, France. The parties have agreed not to disclose financial details of the transaction.
IMCD Acquires Chilean Specialty Chemicals Distributor
IMCD has acquired Apus Química, a specialty chemicals distributor in Chile.
Sika Acquires Gulf Additive Factory
Sika has acquired Gulf Additive Factory in the State of Qatar. The company manufactures a wide range of construction chemical products.
AkzoNobel to Sell AkzoNobel India to JSW Group
AkzoNobel has signed an agreement to sell its shareholding in AkzoNobel to the JSW Group, one of India’s leading diversified conglomerates.
IMCD Acquires Indian Pharma Supplier Trichem
IMCD, a global partner for the distribution and formulation of speciality chemicals and ingredients, has acquired Trichem, an Indian pharmaceutical supplier.
Aditya Birla Acquires Cargill Specialty Chemicals Facility
Aditya Birla, an Indian multinational conglomerate, recently announced the expansion of its US Advanced Materials business with the acquisition of Cargill’s specialty chemical facility in Dalton, Georgia.
Brenntag Specialties Acquires MCE Pharma
Brenntag recently announced the acquisition of MCE Pharma to strengthen Brenntag’s capabilities across the entire pharmaceutical and biopharmaceutical value chain.
Dow Sells its 50% Ownership in DowAksa
Dow announced that it has signed a sale and purchase agreement to sell its 50% interest in DowAksa to Aksa Akrilik Kimya Sanayii A.Ş., a company of Akkök Holding.
Sanofi to Acquire Blueprint Medicines
Sanofi to acquire Blueprint Medicines, expanding portfolio in rare immunological disease and adding early-stage pipeline in immunology.
BASF to Acquire Shares in Alsachimie
BASF and DOMO Chemicals have signed an agreement giving BASF the right to acquire DOMO Chemicals' 49% stake in the Alsachimie joint venture, in which BASF currently holds 51%.
Sanofi to Acquire Vigil Neuroscience
Sanofi to acquire Vigil Neuroscience, a clinical-stage biotech focused on therapies for neurodegenerative diseases.
Honeywell to Acquire Johnson Matthey's Catalyst Technologies Business
Honeywell will acquire Johnson Matthey's Catalyst Technologies business segment for €2.15 billion in an all-cash transaction.
IMCD to Acquire Tecom Ingredients
IMCD has signed an agreement to acquire 100% of the shares in Tecom Ingredients.
Sojitz Acquires Majority Shares in Nippon A&L
Sojitz, Sumitomo Chemical, and Mitsui Chemicals have concluded a share purchase agreement in which Sojitz will acquire Nippon A&L.
PCI Pharma Services Acquires Ajinomoto Althea
PCI Pharma Services has completed its acquisition of Ajinomoto Althea, a CDMO subsidiary of Ajinomoto.
Roquette Acquires IFF Pharma, Reorganizes into Two Business Groups
Roquette completes IFF Pharma Solutions acquisition and unveils new structure for global growth and innovation.
Merck to Acquire US Biopharma Company SpringWorks Therapeutics
Merck and biopharmaceutical company SpringWorks Therapeutics, have entered into a definitive agreement for Merck to acquire SpringWorks.
Strategic Value Partners and Blantyre Capital Acquire OQ Chemicals
Strategic Value Partners (SVP) and Blantyre Capital Limited (Blantyre) recently announced the acquisition of OQ Chemicals (Oxea), a leading global producer and merchant of oxo chemicals.
HAS Acquires Cerbios-Pharma
HAS Healthcare Advanced Synthesis (HAS) recently announced the planned acquisition of Cerbios-Pharma (Cerbios), a globally recognized manufacturer of chemical and biological APIs, including antibody-drug conjugates (ADCs).
Ineos Energy Acquires Oil & Gas Assets from CNOOC
The completion of the deal marks the third major investment by Ineos Energy in the USA in the past three years. It increases Ineos' capital spending on energy assets in the USA to above $3 billion.
Sun Pharma to Acquire Checkpoint Therapeutics
Indian generic drug maker Sun Pharma agreed to acquire US immunotherapy and targeted oncology company Checkpoint Therapeutics for an upfront value of $355 million. The transaction is expected to be completed in the second quarter of 2025 and is subject to customary closing conditions.
Rio Tinto Completes Acquisition of Arcadium Lithium
Rio Tinto has completed the $6.7 billion acquisition of Arcadium Lithium and is now the parent company of Arcadium Lithium, which will be renamed Rio Tinto Lithium and will also include the Rincon Lithium Project.
Jazz Pharmaceuticals to Acquire Chimerix for $935 Million
Ireland’s Jazz Pharmaceuticals signed an agreement to acquire its compatriot Chimerix for approximately $935 million. The transaction is expected to close in the second quarter of 2025.
Immedica Pharma AB
Krahn Chemie
Safic-Alcan
IMCD Group B.V.
F. Hoffmann-La Roche Ltd
Novo Nordisk A/S
Kensing, LLC.
Maire Tecnimont SpA
Brenntag SE
Oxea
Evonik Industries AG
Zeta GmbH
Hexion Inc.
Emerson Automation Solutions
EvaluatePharma
CABB Group GmbH
Asahi Kasei Europe
Roche Group
Solvay
Henkel AG & Co. KGaA
Saint-Gobain
Süd Chemie
AstraZeneca
Lincoln International
Pfizer, Inc.
Squire Patton Boggs
Accenture
SchüllerConsulting
Caldic Deutschland Chemie B. V.
Ashland
Olon S.p.A.
Medera
PPG
CHEManager c/o Wiley-VCH Verlag
Bio-Rad Laboratories
Azelis Corporate Services NV
HSH Chemie GmbH
De Paauw Sustainable Resources (DPSR)
Eastman Chemical Company
Archroma
Pricewaterhouse Coopers
Sudarshan Chemical Industries Limited
Harke Group GmbH
Antwerp Port Authority
Versalis SpA – Eni
Advancy GmbH
Agno Pharma
Universität Hohenheim - Institut für Lebensmitteltechnik
Dystar
Catalent Inc.