# Kuraray to acquire Calgon Carbon for $1.1 billion

Kuraray Co., Ltd. agreed to acquire Calgon Carbon Corporation for $21.50 per share in cash, equating to an equity value of about $1.1 billion and a transaction value over $1.3 billion including net debt. The deal is expected to close by end of December 2017.

- Type: Acquisition
- Announced: 2017-09-21
- Where: Pittsburgh, Pennsylvania, United States
- Value: $1.10B
- Status: announced
- Products: activated carbon, filtration media
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kuraray](https://endata.com/companies/2973.md) (acquirer)
- [Calgon Carbon](https://endata.com/companies/19896.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/812701/000119312517289961/d453127dex991.htm), 2017-09-21: "Calgon Carbon Corporation and Kuraray Co., Ltd. announced today that their respective Boards of Directors have unanimously approved, and the parties have entered into, a definitive merger agreement under which Kuraray will acquire Calgon Carbon for $21.50 per share in cash"
- [sec.gov](https://www.sec.gov/Archives/edgar/data/812701/000119312517289962/d453127dex991.htm), 2017-09-21: "Not only does this transaction deliver premium value to our stockholders, it also benefits our customers and employees by making Calgon Carbon part of a much larger, stronger global company with resources to fully support our global activated carbon, filtration media and service businesses now, a"
- [reuters.com](https://www.reuters.com/article/business/japan-chemical-maker-kuraray-to-buy-calgon-carbon-for-11-billion-idUSKCN1BW10D/), 2017-09-21: "Japanese chemical manufacturer Kuraray Co Ltd will buy U.S. firm Calgon Carbon Corp for $1.107 billion"
- [everchem.com](https://everchem.com/q3-m-a/), 2017-10-12: "Calgon Carbon | Kuraray | acquisition of whole company (activated carbon) – $514s/$1,300v"
- [filtsep.com](https://www.filtsep.com/content/news/filtration-mergers-acquisitions-review-q3-2017), 2017-10-18: "Japanese specialty chemical company Kuraray Co Ltd is to acquire the US activated carbon manufacturer Calgon Carbon Corp in a deal valued at more than US$1.3 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.