Mutares to Acquire SABIC Engineering Thermoplastics Business for $450 Million

BASF and Entegris Sign Agreement for Sale of Precision Microchemicals Business to Entegris

October 27, 2021

Healthcare Services

BASF and Entegris have signed an agreement for Entegris to acquire BASF’s Precision Microchemicals business for $90 million. The business—part of BASF’s Chemetall Surface Treatment unit—develops and markets high-purity cleaning chemistries and CMP slurries for microelectronics, and is expected to be completed by the end of 2021.

Eastman Chemical to Sell Adhesives Resins Business to Synthomer plc

October 28, 2021

Manufacturing

Eastman Chemical Company (NYSE: EMN) entered into a definitive agreement to sell its adhesives resins assets and business to Synthomer plc for $1.0 billion in cash. The transaction is expected to close in the first quarter of 2022, subject to regulatory approvals and customary closing conditions.

Mutares Acquires Greer Steel Company

January 2, 2026

Manufacturing

Mutares SE & Co. KGaA has completed the acquisition of Greer Steel Company, a Dover, Ohio-based cold rolled strip steel specialist, from Greer Industries, Inc. The purchase expands Mutares' Engineering & Technology segment and North American footprint, positioning Greer Steel as a growth platform to serve automotive and industrial customers through operational improvements and targeted investments.

EQT Acquires Mabtech from IK Partners and Mérieux Equity Partners

January 9, 2024

Biotechnology

EQT, via its newly launched EQT Healthcare Growth Strategy, is acquiring Swedish immunoassay specialist Mabtech AB from IK Partners and Mérieux Equity Partners. Mabtech, a developer and manufacturer of antibodies, kits and readers used in vaccine, infectious disease and oncology research, will be supported by EQT to expand its product portfolio and accelerate geographic growth, particularly in the US. The transaction is subject to customary regulatory approvals and financial terms were not disclosed.

Black Bay Energy Capital Acquires Merichem Process Technologies & Catalyst Business (Merichem Technologies)

January 3, 2024

Industrial Services

Black Bay Energy Capital acquired Merichem Company's technology business — Merichem Process Technologies and Merichem Catalyst Products — which will be renamed Merichem Technologies and operated as a standalone sulfur-treating platform. Merichem Company will retain its caustic services business while the new platform will be led by former Merichem technology leaders to expand sulfur-treatment capabilities across energy and industrial end markets.

MAPEI Acquires Resins Business Unit from SMAC (Resipoly & Eurosyntec)

January 11, 2022

Building Products

MAPEI has acquired the Resins business unit from SMAC (an OpenGate Capital portfolio company), including Resipoly and Eurosyntec. The divestiture completes SMAC’s exit from its manufacturing division as the company refocuses on its core works business (Travaux); terms were not disclosed.