French specialty chemical manufacturer Arkema recently announced that it intends to acquire ArrMaz, a company specializing in surfactants in the US crop nutrition, mining and infrastructure markets Completed in summer.
ArrMaz is located in the United States, with annual sales of US $ 290 million, a profit margin before tax, interest, depreciation and amortization of 18%, and a capital expenditure / revenue ratio of approximately 2.5%. The purchase price is based on Amaizi's enterprise value of US $ 570 million, with a relative EV / EBITDA multiple of 10.8 times.
The acquisition will strengthen Arkema's high-performance additive business, which together with adhesives and technical polymers constitute the three major pillars of Arkema's high-performance materials.
ArrMaz has an extensive business footprint in North America, South America, Asia, and the fast-growing regions of the Middle East and Africa, and has recently opened state-of-the-art facilities in these high-growth regions. Amaizi has 400 employees and has 9 production bases worldwide.