# Global Amines to acquire Clariant's Quats and Esterquats business for USD 113 million

Global Amines Company Pte. Ltd., a 50-50 joint venture of Clariant and Wilmar, signed a definitive agreement to acquire the Global Quats and Esterquats Business from Clariant for USD 113 million. The acquisition is expected to close in the first half of 2023.

- Type: Acquisition
- Announced: 2022-08-31
- Where: Gendorf, Germany, Switzerland
- Value: $113.0M
- Status: announced
- Products: quats, esterquats
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Clariant](https://endata.com/companies/426.md)
- [Clariant](https://endata.com/companies/426.md) (partner)
- [Clariant](https://endata.com/companies/426.md) (target)
- [Wilmar](https://endata.com/companies/7627.md) (partner)
- [Wilmar International](https://endata.com/companies/25285.md) (partner)
- [Global Amines Company Pte. Ltd.](https://endata.com/companies/65034.md) (acquirer)
- [Global Amines](https://endata.com/companies/65087.md) (acquirer)

## Sources

- [globalamines.com](https://www.globalamines.com/global-quats-and-esterquats-aquisition/), 2022-08-31: "Global Amines Company Pte. Ltd., a 50-50 joint venture of Clariant and Wilmar, has signed a definitive agreement to acquire the Global Quats and Esterquats Business from Clariant."
- [industryintel.com](https://www.industryintel.com/news/clariant-enters-agreement-to-divest-its-quats-business-to-global-amines-company-a-joint-venture-of-clariant-and-wilmar-for-us-113m-divestment-supports-clariant-s-portfolio-transformation-to-focus-on-specialty-chemicals-157654764672), 2022-08-31: "This divestment is a further step in Clariant's portfolio transformation to focus operations purely on specialty chemicals."
- [doi.org](https://doi.org/10.1021/cen-10031-buscon18), 2022-09-02: "Clariant says the move is part of a push to become a pure-play specialty chemical firm."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/clariant-signs-definitive-agreement-to-sell-quats-business/), 2022-09-19: "This divestment is a further step in Clariant's portfolio transformation to focus operations purely on specialty chemicals."
- [everchem.com](https://everchem.com/q3-chemical-ma-transactions/), 2022-10-10: "Q3 Chemical M&A Transactions"
- [everchem.com](https://everchem.com/q3-chemical-ma-transactions-2/), 2022-10-10: "Clariant | Global Amines | quaternary ammonium chemicals | 3rd Quarter 2022"

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