On the Record · MPM
MPM acquisitions, on the record
The businesses MPM 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 |
|---|---|---|---|
Sea Lion Technology, Inc operating assetsWord for word“In addition, we recently acquired the operating assets of Sea Lion Technology, Inc to further support the Silanes business.” 10-K for 2016 | acquisition | — | — |
Canadian subsidiary (sold to a subsidiary of Hexion)Word for word“In April 2014, the Company sold 100% of its interest in its Canadian subsidiary to a subsidiary of Hexion for a purchase price of $12.” 10-K for 2016 | divestiture | April 2014 | $12 |
Canadian subsidiaryWord for word“In April 2014, the Company sold 100% of its interest in its Canadian subsidiary to a subsidiary of Hexion for a purchase price of $12.” 10-K for 2017 | divestiture | April 2014 | $12 |
a business (not named)Word for word“In 2017 , investing activities used $168 and $ 169 of cash for Momentive and MPM, respectively, primarily due to $161 related to ongoing capital expenditures, net of $9 of capital reimbursed from insurance proceeds and $9 related to our acquisition of a business.” 10-K for 2017 | acquisition | 2017 | $9 |
Momentive (MPM Holdings Inc.), merger with MOM Special Company, a subsidiary of MOM Holding CompanyWord for word“The transaction is valued at approximately $3,100, which includes the assumption of net debt, pension and certain other postretirement liabilities. ” 10-K for 2018 | agreed acquisition | — | approximately $3,100 |
Sea Lion Technology, Inc.Word for word“For example, in 2017 we acquired the operating assets of Sea Lion Technology, Inc. (“Sea Lion”) to further support the silanes business.” 10-K for 2018 | acquisition | in 2017 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $0 |
| 2017-12-31 | $9 million |
| 2018-12-31 | $0 |
Deal filings since 2016
- 2019-05-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-15 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-01-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from MPM’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-03-27. 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.