On the Record · Hexion
Hexion acquisitions, on the record
The businesses Hexion 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 |
|---|---|---|---|
ATG business (Additives Technology Group)Word for word“In January 2018, we completed the sale of our ATG business for a purchase price of $49 and recorded a gain on this disposition of $44 .” 10-K for 2018 | divestiture | January 2018 | $49 |
ATG business to MÜNZING CHEMIE GmbHWord for word“On January 8, 2018, the Company completed the sale of its Additives Technology Group business (“ATG”) to MÜNZING CHEMIE GmbH.” 10-K for 2018 | divestiture | On January 8, 2018 | — |
PAC BusinessWord for word“On June 30, 2016, the Company completed the sale of its Performance Adhesives, Powder Coatings, Additives & Acrylic Coatings and Monomers business (the “PAC Business”) pursuant to the terms of a purchase agreement with Synthomer plc (the “Buyer”) dated March 18, 2016.” 10-K for 2018 | divestiture | On June 30, 2016 | — |
Additives Technology Group business (ATG)Word for word“On January 8, 2018, the Company completed the sale of its Additives Technology Group business (“ATG”) to MÜNZING CHEMIE GmbH.” 10-K for 2019 | divestiture | On January 8, 2018 | — |
Phenolic Specialty Resins ("PSR"), Hexamine and European-based Forest Products Resins businessesWord for word“On September 27, 2020, we entered into a definitive agreement (the “Purchase Agreement”) for the sale of our Phenolic Specialty Resins ("PSR"), Hexamine and European-based Forest Products Resins businesses (together with PSR, the “Held for Sale Business”) to Black Diamond Capital Management, LLC and Investindustrial (the “Buyers”) for a purchase price of approximately $425.” 10-K for 2020 | agreed divestiture | On September 27, 2020 | approximately $425 |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $0 |
| 2017-12-31 | $0 |
Deal filings since 2016
- 2022-03-15 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-02-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-12-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-11-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-04-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-07-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-07-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Hexion’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-03-10. 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.