# Prince International to acquire Ferro in $2.1 billion all-cash transaction

Ferro Corp. has entered into a definitive agreement to be acquired by Prince International Corp. for $2.1 billion in an all-cash transaction.

- Type: Acquisition
- Announced: 2021-04-08
- Where: United States
- Value: $2.10B
- Status: announced
- Products: functional coatings, color solutions
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [American Securities LLC](https://endata.com/companies/8969.md) (investor)
- [Chromaflo Technologies](https://endata.com/companies/20552.md) (partner)
- [Ferro Corp.](https://endata.com/companies/25614.md) (target)
- [Prince International Corp.](https://endata.com/companies/54327.md) (acquirer)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=27), 2021-04-08: "Ferro Corp., a global supplier of technology-based functional coatings and color solutions, recently announced it has entered into a definitive agreement to be acquired by Prince International Corp."
- [prnewswire.com](https://www.prnewswire.com/news-releases/prince-international-corporation-to-acquire-ferro-corporation-for-22-00-per-share-in-an-all-cash-transaction-valued-at-approximately-2-1-billion-301288515.html), 2021-05-11: "The combination will result in a company with unmatched competencies in particle engineering, glass science and color technology."
- [echemi.com](https://www.echemi.com/cms/223597.html), 2021-05-13: "Prince International announced that it would acquire the fine chemical giant Ferro for US$22 per share in cash, with a transaction value of approximately US$2.1 billion."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2546-acquisitions?page=22), 2021-05-24: "Ferro Corp., a global supplier of technology-based functional coatings and color solutions, recently announced it has entered into a definitive agreement to be acquired by Prince International Corp."
- [pcimag.com](https://www.pcimag.com/articles/keyword/2065-acquisitions?page=10), 2021-06-11: "Ferro Corp., a leading global supplier of technology-based functional coatings and color solutions, has entered into a definitive agreement to be acquired by Prince International Corp., a portfolio company of American Securities LLC, in an all-cash transaction valued at approximately $2.1 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.