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New Deal


Announced

ChromaScape to acquire a colorants dye business from Kemira Oyj.

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

Single Bidder

sustainable chemical solutions

chemicals

Acquisition

Finland

Friendly

Chemicals: Diversified

Cross Border

Pending

Majority

Synopsis

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ChromaScape, a provider of specialty colorants and additives, agreed to acquire a colorants dye business from Kemira Oyj, a provider of sustainable chemical solutions for water intensive industries. Financial terms were not disclosed. ”We are very happy to see that our strategic objective to streamline Kemira’s portfolio is reaching the next milestone. Chromascape has shown ways to take colorants platform to new heights and thus secures further value creation for our joint customer base. We are excited to continue collaboration with the new owner of our colorants business after Closing,” Antti Matula, SVP Global Product Lines & Business Development, Kemira Oyj.

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