Novopor Advanced Science has acquired Pressure Chemical Company, a Pittsburgh specialty chemistry firm founded in 1964 with expertise in high-pressure reactions, polymerization and alkoxylation. The deal value was not disclosed.
KKR has sent deal books for the sale of Circor International's DeltaValve subsidiary, a Sandy, Utah maker of coke drum unheading valves, with first-round bids expected in May; the business is marketed on $11 million of EBITDA, according to sources.
SLB and ChampionX announced a definitive agreement for SLB to buy ChampionX in an all-stock transaction, with ChampionX shareholders receiving 0.735 SLB shares per share. The deal is expected to yield about $400 million in annual pre-tax synergies within three years.
Italian paper specialist Fedrigoni purchased selected assets of US specialty papers supplier Mohawk Fine Papers to strengthen its North American presence. The deal follows a partnership the two companies signed in September 2022.
Henkel signed an agreement to acquire the U.S.-based Seal for Life Industries LLC from Arsenal Capital Partners.
LyondellBasell acquired a 25% equity ownership in Cyclyx, the joint venture between Agilyx and ExxonMobil, to accelerate US plastics circularity infrastructure.
EUKALIN Corporation acquired 100 percent of the assets of Adhesives Specialists, Inc., a US maker of water-based and hotmelt adhesives, including its building in Allentown, Pennsylvania. The deal was announced on August 8, 2022, and no value was disclosed.
Henkel closed its acquisitions of Darex Packaging Technologies, a metal packaging sealants supplier based in Cambridge, MA, for US$1.05 billion, and the Sonderhoff Group, a Cologne-based foamed gasketing and dosing equipment maker, with undisclosed terms.
Messer and CVC Capital Partners Fund VII agreed with Linde AG to acquire the majority of Linde's industrial gases business in North America and parts of its South American business for USD 3.3 billion. The joint venture MG Industries will operate under the Messer brand, and the deal depends on the Praxair-Linde merger and cartel approvals.
Henkel completed its acquisition of the global Darex Packaging Technologies business, based in Massachusetts, for $1.05bn on a cash and debt-free basis. Darex makes sealants, coatings and cans for the metal packaging industry.
Sealed Air is selling its Diversey Care division and the food hygiene and cleaning business within its Food Care division to Bain Capital for $3.2 billion. The report is dated 29 March 2017.
Henkel opened exclusive negotiations with GCP Applied Technologies to acquire Darex Packaging Technologies, a Cambridge, Massachusetts maker of sealants and coatings for metal packaging, for USD 1.05 billion in cash. Darex has about 700 employees at 20 sites.