# American Securities acquires Hexion Holdings for $3.3 billion

American Securities acquired chemical manufacturer Hexion Holdings at an enterprise valuation of $3.3 billion. Hexion produces adhesives and specialty chemicals used in aerospace, automotive, construction, and other industries.

- Type: Acquisition
- Announced: 2022-03-21
- Where: United States
- Value: $3.30B
- Status: announced
- Products: adhesives, specialty chemicals, thermoset resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [American Securities LLC](https://endata.com/companies/8969.md) (acquirer)
- [Hexion](https://endata.com/companies/22326.md) (target)

## Sources

- [peprofessional.com](https://peprofessional.com/2022/03/american-securities-acquires-chemical-maker-hexion/), 2022-03-22: "We look forward to continuing to serve our valued customers and accelerating our next phase of growth under American Securities’ ownership."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2546-acquisitions?page=13), 2022-03-25: "Hexion Holdings Corp. has announced the closing of its acquisition by affiliates of American Securities LLC."
- [pcimag.com](https://www.pcimag.com/articles/keyword/2065-acquisitions?page=4), 2022-03-27: "Hexion Holdings Corp. recently announced the closing of the acquisition of the company by affiliates of American Securities LLC."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=21), 2022-04-22: "Hexion Holdings Corp. has announced the closing of its acquisition by affiliates of American Securities LLC."

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