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New Deal


Announced

Completed

Lone Star Funds completed the acquisition of AOC from CVC Capital for €2.25bn.

Financials

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Transaction Value£1,922m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private Equity

Chemicals: Diversified

polymers

United States

resins material

Private

Majority

Friendly

Single Bidder

Acquisition

Completed

Synopsis

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Lone Star Funds completed the acquisition of AOC, a global producer of specialty resins, from CVC Capital, a private equity firm, for €2.25bn. "AOC's world class management team has positioned the company to accelerate its growth trajectory in a variety of end markets, applications, and geographies through operational excellence and continued product innovation. AOC aligns well with Lone Star's portfolio of specialty chemical and manufacturing businesses, which have adopted similar approaches to value-add product delivery. We look forward to the envisaged partnership with the AOC team as the company continues to execute its growth strategy," Donald Quintin, Lone Star Opportunity Funds President.

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