Chemicals - Coverage Report Q1 2019

Published on: 01/22/2019

Though tempered relative to that of the previous two years, merger and acquisition (M&A) activity in the Chemicals industry remained healthy during 2018. With 182 transactions announced or closed in the US, there was sustained interest from strategic buyers to pursue M&A as a means to expand geographically, diversify offerings, and improve economies of scale. Strategic buyers looking to add synergistic businesses accounted for 66.1% of deal activity. In the last quarter of 2018, PPG Industries (NYSE:PPG) was active in the 39.5%specialties space with the acquisitions of Whitford Corporation, a manufacturer of fluoropolymer coatings, in December; and SEM Products, a manufacturer and distributor of paints, adhesives, and coatings, in October (terms undisclosed). 

Key Contacts

David Bench

Managing Director

Tracy Patch

Director

Doug Usifer

Managing Director