# Huntsman acquires CVC Thermoset Specialties for $300 million

Huntsman Corporation agreed to acquire CVC Thermoset Specialties, a North American specialty chemical manufacturer, for $300 million in cash. The transaction is expected to close around mid-2020.

- Type: Acquisition
- Announced: 2020-03-15
- Where: Akron, Ohio and Maple Shade, New Jersey, United States
- Value: $300.0M
- Status: announced
- Products: toughening agents, curing agents, additives for composites, adhesives, coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Huntsman Corp.](https://endata.com/companies/1591.md) (acquirer)
- [Huntsman Corp.](https://endata.com/companies/1591.md) (partner)
- [American Securities LLC](https://endata.com/companies/8969.md) (investor)
- [American Securities LLC](https://endata.com/companies/8969.md) (partner)
- [CVC Thermoset Specialties](https://endata.com/companies/45938.md) (target)
- [Emerald Performance Materials](https://endata.com/companies/46011.md) (partner)

## Sources

- [huntsman.com](https://www.huntsman.com/news/media-releases/detail/431/huntsman-announces-the-acquisition-of-cvc-thermoset), 2020-03-16: "The acquisition of CVC Thermoset Specialties brings valuable complementary technology breadth to our Advanced Materials portfolio."
- [huntsman.com](https://www.huntsman.com/investors/newsroom/news-releases/detail/431/huntsman-announces-the-acquisition-of-cvc-thermoset), 2020-03-16: "The acquisition of CVC Thermoset Specialties brings valuable complementary technology breadth to our Advanced Materials portfolio."
- [prnewswire.com](https://www.prnewswire.com/news-releases/huntsman-announces-the-acquisition-of-cvc-thermoset-specialties-expanding-its-specialty-chemicals-portfolio-301024537.html), 2020-03-16: "Under terms of the agreement, Huntsman will pay $300 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity."
- [canplastics.com](https://www.canplastics.com/materials/huntsman-to-acquire-cvc-thermoset-specialties-for-300-million/1003452449/), 2020-03-18: "Chemical supplier Huntsman Corp. is acquiring CVC Thermoset Specialties, a North American specialty chemical manufacturer serving the industrial composites, adhesives, and coatings markets, for US$300 million."
- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/Huntsman-acquire-CVC-Emerald/98/i11), 2020-03-23: "Huntsman Corporation has agreed to buy CVC Thermoset Specialties, part of Emerald Performance Materials, from its private equity owner, American Securities, for $300 million."
- [compositesworld.com](https://www.compositesworld.com/news/huntsman-acquires-cvc-thermoset-specialties), 2020-03-25: "Under terms of the agreement, Huntsman will pay $300 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity."
- [everchem.com](https://everchem.com/q1-chemical-ma-3/), 2020-04-07: "American Securities (Emerald) | Huntsman | CVC Thermoset Specialties – $115s/$300v"
- [everchem.com](https://everchem.com/q1-chemical-ma/), 2020-04-07: "American Securities (Emerald) | Huntsman | CVC Thermoset Specialties – $115s/$300v"
- [pcimag.com](https://www.pcimag.com/articles/keyword/2065-acquisitions?page=15), 2020-06-11: "Huntsman Corp. announced an agreement to acquire CVC Thermoset Specialties, a North American specialty chemical manufacturer serving the industrial composites, adhesives and coatings markets."

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