Avery Dennison Corp. has signed a definitive agreement to acquire the U.S.-based flooring adhesives business of Meridian Adhesives Group for the purchase price of $390 million. The acquisition is subject to certain customary closing and post-closing adjustments. Avery Dennison expects the transaction to close in the fourth quarter. It is not expected to have a […]
Aditya Birla Group has agreed to purchase Cargill’s specialty chemicals business based in Dalton, Georgia. Aditya Birla Group intends to expand the facility’s capacity over the next two years and will continue to manufacture the business’ current output of formulated resins, curing agents, reactive diluents, and polyaspartic resins. Grace Matthews Inc. advised Cargill on this […]
Saint-Gobain recently announced that it has entered into a definitive agreement to acquire FOSROC, a privately-owned global construction chemicals player, for $1,025 million in cash. Following the acquisitions of Chryso in 2021, GCP in 2022 and 33 additional acquisitions since 2021, this move is a new strategic step in establishing Saint-Gobain’s worldwide presence in construction […]
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