Significant completed Mergers & Acquisitions (M&A) deals

Since Natrium Capital was founded in 2012

Elementis

One Rock’s Summit Reheis personal care business acquired by Elementis – Press Release
Deal size $360m

Blackstone

Solvay’s cellulose acetate tow business acquired by BlackstonePress Release
Deal size €1bn

PPG

PPG’s European Fiber Glass Operations sold to NEG Press Release

BioMCN

BioMCN sold to OCI N.V.   Press Release

Dutch Glycerin Refinery

Dutch Glycerin Refinery sold to Musim Mas – Press Release

PPG

Merger of its Chlor-Alkali business with Georgia Gulf to form Axiall Corporation Press Release
Deal size $2.1bn

Previous Mergers & Acquisitions (M&A) deals of Natrium Capital’s team

2011

Acquisition of RFCL Ltd (India) by Avantor Performance Materials

2010

Chemtura, emergence from Chapter 11 and restructured debt obligations

2010

Acquisition of Mallinckrodt Baker (USA) by New Mountain Capital to form Avantor Performance Materials
Deal size $280m

2010

Sale of Chemtura’s PVC Additives Business to Artek and Aterian Investment Partners

2010

Sale of Powder Coatings Business by Dow Chemical to AkzoNobel

2010

Sale of National Starch by AkzoNobel to Corn Products International
Deal size $1.3bn

2009

Vita Group restructures debt obligations through injections of funds by TPG and certain members of Vita’s existing lender group

2009

INEOS Group successfully Resets Covenants – Proposals agreed by over 96% of the Group’s lenders

2008

Acquisition of General Chemical’s Soda Ash Business (USA) by Tata Chemicals

2008

Sale of Rohm & Haas to Dow Chemical
Deal size $18.8bn

2008

Acquisition of ICI plc by AkzoNobel
Deal size £8bn

2007

Formation of Joint Venture (UK operations) between GrowHow and Terra Industries

2007

Acquisition of SigmaKalon (Europe) from Bain Capital by PPG Industries
Deal size €2.2bn

2007

Sale of Organon BioSciences to Schering-Plough by AkzoNobel
Deal size €11bn

2006

Sale of Degussa Food Ingredients business (Germany) to Cargill

2006

Sale of Novasep (France) by Rockwood International to Gilde Buyout Partners

2006

Sale of Automotive Coatings Business by Rohm & Haas to Nippon Paint

2005

Acquisition of Bruner Mond (UK) by Tata Chemical

2005

Sale of Basell (Europe) by Shell and BASF to Access Industries
Deal size $4.4bn

2003

Sale of Dynamit Nobel by MG Technologies to KKR to form Rockwood International