# Investor group to acquire Momentive for $3.1 billion

MPM Holdings Inc. (Momentive) has entered into a definitive merger agreement to be acquired by an investor group comprising SJL Partners, KCC Corporation, and Wonik QnC Corporation for approximately $3.1 billion, including debt and liabilities.

- Type: Acquisition
- Announced: 2018-09-13
- Where: Waterford, New York, United States
- Value: $3.10B
- Status: announced
- Products: specialty silicones, silanes, fused quartz, specialty ceramics
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Apollo Global Management](https://endata.com/companies/3851.md) (partner)
- [Momentive Performance Materials](https://endata.com/companies/16660.md) (target)
- [KCC](https://endata.com/companies/22942.md) (acquirer)
- [KCC](https://endata.com/companies/22942.md) (partner)
- [Wonik QnC](https://endata.com/companies/23164.md) (acquirer)
- [Wonik QnC](https://endata.com/companies/23164.md) (partner)
- [Wonik Holdings](https://endata.com/companies/26783.md) (acquirer)
- [MPM Holdings Inc.](https://endata.com/companies/34297.md) (target)
- [SJL Partners](https://endata.com/companies/34298.md) (acquirer)
- [SJL Partners](https://endata.com/companies/34298.md) (partner)

## Sources

- [investchosun.com](https://www.investchosun.com/site/data/html_dir/2018/09/13/2018091386007.html), 2018-09-13: "KCC는 모멘티브를 인수 후 실리콘 사업과 쿼츠 사업을 분리할 계획이라고 밝혔다."
- [momentive.com](https://www.momentive.com/en-us/news-events/mpm-holdings-inc-enters-into-agreement-to-be-acquired-by-investor-group), 2018-09-13: "We believe this is a great outcome for all of our stakeholders, delivering maximum value to our stockholders while positioning the Company for long-term growth and future job creation that will benefit our talented employees across the globe, customers and suppliers."
- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/1783550), 2018-09-13: "KCC는 모멘티브 인수 후 실리콘사업과 쿼츠사업을 분리할 계획이다."
- [businesskorea.co.kr](https://www.businesskorea.co.kr/news/articleView.html?idxno=25043), 2018-09-13: "The acquisition of Momentive Performance Materials is expected to boost KCC's annual silicone sales to 2 trillion won (US$1.8 billion) from the current 200 billion won (US$180 million)."
- [biz.newdaily.co.kr](https://biz.newdaily.co.kr/site/data/html/2018/09/13/2018091300163.html), 2018-09-13: "KCC가 미국 글로벌 실리콘 제조업체 모멘티브 퍼포먼스 머티리얼즈를 30억 달러(약 3조5000억 원)에 인수하기로 계약 체결했다고 13일 밝혔다."
- [daily.hankooki.com](https://daily.hankooki.com/news/articleView.html?idxno=574873), 2018-09-13: "KCC는 미국 글로벌 실리콘 제조업체 모멘티브 퍼포먼스 머티리얼즈(이하 모멘티브)와 인수 계약을 체결했다고 13일 밝혔다."
- [kipost.net](https://www.kipost.net/news/articleView.html?idxno=4791), 2018-09-13: "원익QnC는 13일 KCC 및 SJL파트너스와 함께 미국 모멘티브퍼포먼스머티리얼즈의 지분을 인수, 모멘티브의 쿼츠 사업부를 합병하는 계약을 맺었다고 13일 밝혔다."
- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/Korean-firms-ink-deal-acquire/96/web/2018/09), 2018-09-14: "A South Korean investment group has agreed to purchase the U.S. silicones maker Momentive Performance Materials in a deal valued at $3.1 billion, including debt and other liabilities."
- [icnweb.kr](https://icnweb.kr/2018/28495/), 2018-09-15: "이번 모멘티브 인수는 반도체, 자동차, 화장품 등 한국 주력 산업들의 기초 원료가 되는 핵심 소재 원천 기술을 보유했다는 의미가 있다."

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