# CHT Group acquires keimadditec surface and Silcona assets

CHT Group acquired keimadditec surface GmbH and the operating assets of Silcona GmbH & Co. KG from the Keim Group. The transaction closed on November 19, 2019.

- Type: Acquisition
- Announced: 2019-11-19
- Where: Kirchberg, Germany
- Value: $46.0M (42.0M EUR)
- Status: completed
- Capacity: 40,000 t/a
- Products: water based wax additives, specialty chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [CHT Group](https://endata.com/companies/26628.md) (acquirer)
- [keimadditec surface GmbH](https://endata.com/companies/43381.md) (target)
- [Silcona GmbH & Co. KG](https://endata.com/companies/43382.md) (target)

## Sources

- [thecfigroup.com](https://www.thecfigroup.com/transactions/cht-group-acquired-keimadditec-surface-as-well-as-the-operating-assets-of-silcona-gmbh-co-kg-that-was-previously-part-of-the-keim-group/), 2019-11-19: "The CHT Group, a leading supplier of specialty chemicals, in the acquisition of keimadditec surface as well as the operating assets of Silcona GmbH & Co. KG that was previously part of the Keim Group."
- [european-coatings.com](https://www.european-coatings.com/news/raw-materials/cht-group-acquires-keimadditec-surface/), 2019-11-28: "The acquisition results in a significant expansion to our current business with additives for industrial applications and positions the CHT Group as a leading supplier of wax additives in the paints and coatings industry worldwide."
- [inkworldmagazine.com](https://www.inkworldmagazine.com/breaking-news/cht-group-acquires-keimadditec-surface/), 2019-12-02: "The acquisition results in a significant expansion to our current business with additives for industrial applications."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/cht-group-acquires-keimadditec-surface/), 2019-12-02: "The acquisition results in a significant expansion to our current business with additives for industrial applications."

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