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New Deal


Announced

Completed

Artek Surfin Chemicals completed the acquisition of the energy-related division of Kemira for $280m.

Financials

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Transaction Value£222m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

sustainable chemical solutions

Renewable Energy Equipment

water-intensive industries

water treatment

energy sectors

Finland

Acquisition

Majority

Private

Friendly

Single Bidder

Completed

Synopsis

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Artek Surfin Chemicals, a specialty chemicals provider, completed the acquisition of the energy-related division of Kemira, a provider of sustainable chemical solutions for water-intensive industries, for $280m. “This strategic acquisition aligns perfectly with our vision of creating innovative solutions for the challenges faced by our planet," Vishal Goenka, Praana Group Vice Chairman.

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