Dr. Thorsten Bug, Senior Manager Chemicals

Selected M&A deals involving German Chemical Companies
January 7, 2021
DateTarget

Country (target)

Buyer

Country(buyer)

ValueBusiness area

Nov-20

PorocelUSAEvonik

Germany

USD210m

Catalysts

Sep-20

BASF's Construction Chemicals Division

Germany

Lone StarUSA€3.17bn

Construction Chemicals

Sep-20Aug-20

DSM's coating resins business
Lanxess's leather chemicals business

The Netherlands
Germany

Covestro
TFL Ledertechnik

Germany
Germany€1.61bn€80-115m

Coating resins
Leather chemicals

Feb-20PeroxyChem from One Equity Partners

USAEvonikGermany

USD640m

Speciality chemicals

Jan-20

Solvay's polyamide (PA 6.6) business

Belgium

BASF

Germany€1.3bn

Plastics

Oct-19

Versum Materials

USAMerck

Germany€5.8bnAug-19BASF's global pigment business

Germany

DICJapan€1.15bn

Materials for theelectronic industry
Pigments

Aug-19Dec-18

Evonik's methacyrylate business
Arlanxeo (50% owned by Lanxess)

Germany
GermanyUSA
Saudi Arabia€3bn€1.4bnSpeciality chemicals
Synthetic rubber

Aug-18Bayer's agro business

Germany

Advent International
Saudi Aramco(already holds 50%)
BASF

Germany€7.6bnAgro business

Jun-18

Monsanto

USA

Bayer

Germany

USD63.5bn

Agrochemicals and seeds

Dec-16ChemturaUSA

Lanxess

Germany€2.4bnSpeciality chemicals

Dec-16

BASF's industrial coatings business

Germany

AkzoNobel

Belgium€475m

Industrial coatings

Dec-16Chemetall(Albemarle's global surface business)
J.M. Huber's silica business

USABASF

Germany

USD3.2bn

Surface Treatment

USA

EvonikGermany

USD630m

Silica business

Lanxess

Germany€210m

Desinfection chemicals

EvonikGermany

USD3.8bn

Additives

KuritaJapan€250m

Water-, paper-, andaluminium business

Dec-16
Sep-16May-16
Jan-15Chemours's clean and desinfectUSAbusiness
Air Product's specialty additives
USAbusiness
BK Guilini's water-, paper-, and alumine Germany
business (owned by ICL)

www.gtai.com/chemicals

1/2

Dr. Thorsten Bug, Senior Manager Chemicals
Date

TargetCountry (target)

Buyer

Country(buyer)

Value

Business area

Nov-14

Styrolution (50% owned by BASF)

Germany

Ineos (already holds 50%)UK

€1.1bnBasic chemicals

Oct-14Merck & Co's OTC drugs business

USABayerGermany

USD14.2bn

PharmaOct-14

Huntsman

USA

USD1bnBasic/Speciality chemicalsSep-14

Rockwood's TiO2 and additives business Germany(formerly Sachtleben)
Bergquist
USA

HenkelGermany

NAMay-14

AZ Electronic Materials

Luxemberg

Merck

Germany€1.9bnAdhesives for theelectronic industry
Speciality chemicals

Feb-14

SilbondUSA

EvonikGermany

double-digit million€ amount

Speciality chemicals

Dec-13Oxea (Oxo chemicals)

Germany

Oman Oil Company

Oman€1.8bnSpeciality chemicals

Jan-13

NorwayBASF

Germany€660m

Life ScienceSep-12

Pronova BioPharma(Omega-3 fatty acids)
Becker Underwood

USABASF

Germany

USD1.02bn

Crop protection

May-11

DSM's elastomeres (EPDM) business

The Netherlands

Lanxess

Germany€310m

Speciality chemicals

Apr-11

Süd-Chemie

Germany

Clariant

Switzerland

CHF2.5bn

Speciality chemicals

Dec-10CognisGermany

BASF

Germany€3.1bnApr-09Ciba

Switzerland

BASF

Germany

CHF6.1bn

Speciality chemicals,
nutritional ingridients
Speciality chemicals

Mar-08National Starch (former ICI)USA

HenkelGermany

GBP3.7bn

Adhesives

Jul-06

Germany

BASF

Germany€2.7bnConstruction Chemicals

Jun-06

Degussa's Construction Chemicals
Division
Engelhard

USA

BASF

Germany

USD5.2bn

Catalysts

Jun-06Schering

Germany

BayerGermany€17bn

PharmaJul-05Sigma-Aldrich

USA

Merck

Germany

USD17bn

Life Science

www.gtai.com/chemicals

2/2