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Announced

Completed

Stepan completed the acquisition of Clariant's anionic surfactant business.

Financials

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

Tags

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Private

Specialty Chemicals

Cross Border

Friendly

Majority

Mexico

anionic surfactant

Completed

Acquisition

Single Bidder

Synopsis

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Stepan Company, a manufacturer of specialty chemicals, completed the acquisition of the anionic surfactant business and associated sulfation equipment located in Mexico from Clariant, a specialty chemical company. Financial terms were not disclosed. "This acquisition supports Stepan's growth strategy in Latin America and enhances our ability to support our customers' growth in the Mexican Consumer and Functional markets for surfactants. We look forward to transitioning customers' supply to Stepan's Ecatepec and Matamoros Mexico facilities over the coming months," F. Quinn Stepan, Stepan Chairman, President and Chief Executive Officer.

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