OMNOVA Solutions Completes Acquisition of ELIOKEM From AXA Private Equity

Acquisition creates larger, more diverse global specialty chemical and functional surfaces company

13-Dec-2010 - OMNOVA Solutions announced that it has completed its acquisition of specialty chemicals manufacturer Eliokem International from AXA Private Equity. OMNOVA paid 227.5 million euros for ELIOKEM, or approximately US$302 million at current exchange rates, before subtracting ELIOKEM's net debt and ...

OMNOVA Solutions Announces Intention to Acquire Specialty Chemicals Manufacturer Eliokem International

24-Sep-2010 - OMNOVA Solutions Inc. announced that it has entered into an agreement with AXA Private Equity granting the Company a period of exclusivity to acquire specialty chemicals manufacturer Eliokem International. Closing of the proposed transaction is subject to consultation with Eliokem's Works ...

Eliokem strengthens its position in Asia with the acquisition of Polymer Division of Apar Industries in India

22-Feb-2008 - Eliokem has completed the acquisition of the Polymer Division from Apar Industries Ltd, India on February 15, 2008 for an amount of INR 111 Crores (US$ 28m). The Indian acquisition is the result of the expansion strategy of the company in Asia which is fully supported by AXA Private ...

Eliokem acquires Polymer Division from Apar Industries Ltd.

06-Nov-2007 - Eliokem, a global specialty chemicals company and polymers producer, majority-owned by AXA Private Equity, has signed a purchase agreement with Apar Industries to acquire its Polymer Division, for an amount of INR 1.1 bn (US$ 27.5m) subject to regulatory approvals. According to the company, ...