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Acquisition of Morton International by Rohm & Haas
June 1999
Deal Size: $4.9bn
Rohm and Haas (Philadelphia; 215-592-3054), has reached a definitive agreement to acquire Morton International Inc. (Chicago), in a cash and stock deal valued at $4.9 billion, including the assumption of $268 million of net debt. When completed, the deal will create a global specialty chemical company with combined annual revenues of $6.5 billion and new international leadership positions in adhesives, specialty coatings, electronic materials, and salt.
Chemicalonline Report
Deal Categories: Paints/Adhesives, Specialty/Fine Chemicals
“… over $100bn of transactions over the last twenty years”
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