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New Deal


Announced

Completed

Schweitzer-Mauduit completed the acquisition of Tekra and Trient from EIS for $155m.

Financials

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Transaction Value£119m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

petrochemicals

Private

petrochemical derivatives

Acquisition

Completed

Domestic

Specialty Chemicals

Majority

Single Bidder

Friendly

Private Equity

Synopsis

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Schweitzer-Mauduit International, a performance materials company, completed the acquisition of speciality chemicals producers Tekra and Trient, from EIS, an industrial conglomerate for $155m. “Tekra and Trient are strategic additions to our AMS growth platform and these businesses complement many of the key attributes that are the foundation of SWM. Tekra and Trient provide critical components for their customers’ end products that meet demanding technical requirements. Much like SWM, their focus is on high-value applications and maintaining close customer relationships that drive market leadership and strong financial performance," Jeffrey Kramer, Schweitzer-Mauduit CEO.

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