NEW YORK and LONDON, May 26, 2015 /PRNewswire/ --
ICIS Chemical Business ( http://www.icis.com/magazine ) magazine has unveiled its 2nd annual ICIS Top Chemical Mergers & Acquisitions (M&A) listing of the most important deals in the global chemical sector - changes in control that could impact supply chains.
In the 25 May issue of ICIS Chemical Business, we cover all the notable chemical transactions completed in 2014 worldwide. This year's listing is sponsored by investment bank The Valence Group.
We break out deals by purchase price where disclosed, as well as by annual sales of the targets. Currencies are converted to US dollars based on exchange rates at the end of 2014.
Download the ICIS Top Chemical M&A listing at http://www.icis.com/contact/icis-top-chemical-ma-2015 (registration required).
"It's been an active M&A market for chemicals. Cheap and available financing has fuelled deals for both private equity and strategic players," said Joseph Chang, global editor of ICIS Chemical Business.
The pace of activity has been high, but deals have tended to be on the smaller side, reflecting risk appetites," he added.
But 2015 brings the prospect for larger multi-billion dollar deals. Some yet to close include Germany-based Merck KGaA's planned $17bn acquisition of US-based Sigma-Aldrich, and US-based Olin's merger with Dow Chemical's global chlor-alkali and derivatives business in a $5bn Reverse Morris Trust (RMT) transaction.
On a geographic basis, we track the buyer headquarters as well as the location of the target.
In the listing, we do our best to reflect core chemical sector deals. Thus we exclude fertilizers, industrial gases, seed businesses, energy and fuels, refining and midstream.
Our goal is to bring you deals that are most relevant to buyers and sellers of chemicals, as well as analysts and senior executives.
ICIS Chemical Business is part of ICIS. ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts. With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Barcelona, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. ICIS is a division of Reed Business Information, part of Reed Elsevier Plc.
Subscribe to ICIS Chemical Business at http://www.icis-subs.com.
About Reed Business Information
Reed Business Information provides information and online data services to business professionals worldwide. Customers have access to our high-value industry data, analytics, information and tools. Our strong global brands hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day. RBI is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.
About RELX Group:
RELX Group plc is a world-leading provider of information solutions for professional customers across industries. The group employs about 28,000 people of whom half are in North America.
Reed Elsevier PLC is the London Stock Exchange listed vehicle for holding shares in RELX Group. Shareholders in Reed Elsevier PLC own a 52.9% economic interest in RELX Group. Reed Elsevier NV is the Amsterdam Stock Exchange listed vehicle for holding shares in RELX Group. External shareholders in Reed Elsevier NV own a 47.1% economic interest in RELX Group. The combined market capitalisation of the two parent companies is approximately £24bn/€32bn. Its shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RUK and ENL.
About The Valence Group
The Valence Group is a specialist investment bank offering M&A advisory services exclusively to companies and investors in the chemicals, materials and related sectors. The Valence Group team includes a unique combination of professionals with backgrounds in investment banking and strategic consulting within the chemicals and materials industries, all focused exclusively on providing M&A advisory services to the chemicals and materials sector. The firm's offices are located in New York and London.