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New Deal


Announced

Completed

Rhone-backed ASK Chemicals completed the acquisition of the industrial resins business from SI Group.

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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Capital Goods

Cross Border

Single Bidder

Majority

United States

industrial supplies

Completed

resins

Private

Acquisition

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Synopsis

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Rhone-backed ASK Chemicals, a manufacturer and distributor of chemical foundry products, completed the acquisition of the industrial resins business from SI Group, a performance additives company. Financial terms were not disclosed. SI Group’s industrial resin business serves a wide range of markets and applications such as foundry, friction, abrasives, refractory, paper impregnation, insulation and composites.

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