On the Record · GCP Applied Technologies
GCP Applied Technologies acquisitions, on the record
The businesses GCP Applied Technologies bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Darex Packaging Technologies ("Darex") business sold to Henkel AG & Co. KGaA ("Henkel")Word for word“On July 3, 2017, we completed the sale of our Darex Packaging Technologies ("Darex") business to Henkel AG & Co. KGaA (“Henkel”) for $1.06 billion in cash.” 10-K for 2019 | divestiture | July 3, 2017 | $1.06 billion in cash |
Darex business sold to Henkel AG & Co. KGaA ("Henkel")Word for word“On July 3, 2017 (the "Closing Date"), GCP completed the sale of its Darex business to Henkel for $1.06 billion in cash.” 10-K for 2019 | divestiture | July 3, 2017 | $1.06 billion in cash |
Darex business delayed closing in Venezuela, sold to HenkelWord for word“As of December 31, 2019 and 2018, the remaining operations within GCP Venezuela represent the Darex operations sold to Henkel in January 2020 under a delayed close arrangement.” 10-K for 2019 | divestiture | January 2020 | — |
Remaining SCC operations within Venezuela subsidiaryWord for word“During 2018, the Company sold its remaining SCC operations within its Venezuela subsidiary.” 10-K for 2019 | divestiture | During 2018 | — |
RIW Limited ("RIW")Word for word“The year-over-year change was primarily due to lower cash payments for acquisitions due to the purchase of RIW Limited ("RIW") in 2018.” 10-K for 2019 | acquisition | 2018 | — |
Darex businessWord for word“On July 3, 2017 (the "Closing Date"), GCP completed the sale of its Darex Packaging Technologies ("Darex") business to Henkel AG & Co. KGaA (“Henkel”) for $ 1.06 billion in cash.” 10-K for 2020 | divestiture | July 3, 2017 | — |
corporate headquarters at 62 Whittemore Avenue, Cambridge, MassachusettsWord for word“On July 31, 2020, GCP sold its corporate headquarters located at 62 Whittemore Avenue, Cambridge, Massachusetts to IQHQ, L.P, entered into a leaseback transaction with the buyer, and received from the buyer cash proceeds of $ 122.5 million, net of the related transaction costs and commissions of $ 2.5 million, pursuant to the sale of the property.” 10-K for 2020 | divestiture | On July 31, 2020 | — |
a business unit within the SBM segmentWord for word“In October 2021, the Company approved the sale of a business unit within the SBM segment, classified as held for sale the net assets of $19.4 million, and at that point recorded a loss on sale of $0.8 million in the Statements of Operations.” 10-K for 2021 | agreed divestiture | October 2021 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $47 million | $0 | $18.2 million |
| 2017-12-31 | $121.2 million | $2.9 million | $73.9 million |
| 2018-12-31 | $29.5 million | $0 | $19.9 million |
| 2019-12-31 | $0 | $0 | — |
| 2020-12-31 | $0 | $122.5 million | — |
| 2021-12-31 | — | $0 | — |
Deal filings since 2016
- 2022-09-27 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-12-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-07-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-04-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-01-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from GCP Applied Technologies’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2022-03-01. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.