Eastman Chemical Company Mergers and Acquisitions


Eastman Chemical Company

200 South Wilcox Drive
Kingsport, TN 37660
United States
Tel:1/423/229-2000
URL: http://www.eastman.com
Primary Symbol & Exchange:
EMN - Common Stock - New York Stock Exchange
Industry:
Plastics
Eastman Chemical Company Company Snapshot

Eastman Chemical Company Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Eastman Chemical Company M&A History


Indorama Polymers PCL acquires Eastman Chemical Co-European from Eastman Chemical Co Indorama Polymers PCL acquires Eastman Chemical Co-European from Eastman Chemical CoMar 31, 2008

UK - Indorama Polymers PCL of Thailand acquired the European PTA and PET Resin assets of Eastman Chemical Co, a Kingsport-based manufacturer and wholesaler of chemicals, plastics and fibers, for an estimated ###.### mil British pounds ($### mil US).

MeadWestvaco Corp acquires Eastman Chem Co-Pine Chem Prod from Eastman Chemical Co (pending) MeadWestvaco Corp acquires Eastman Chem Co-Pine Chem Prod from Eastman Chemical Co (pending)Feb 15, 2008

US - MeadWestvaco Corp definitively agreed to acquire the pine chemicals product lines of Eastman Chemical Co, a manufacturer and wholesaler of chemicals, plastics and fibers. The transaction was to include all intellectual property and technology associated with Pamite tall oil

Gallardo Family acquires a minority stake in Eastman Chemical Co Gallardo Family acquires a minority stake in Eastman Chemical CoJan 15, 2008

US - The Gallardo Family acquired a #.##% stake, or #.### mil common shares, in Eastman Chemical Co, a manufacturer and wholesaler of chemical plastics and fibers, for $###.## mil, in a privately negotiated transaction.

Alfa SAB de CV acquires Eastman Chemical Co-Plants(2) from Eastman Chemical Co Alfa SAB de CV acquires Eastman Chemical Co-Plants(2) from Eastman Chemical CoDec 03, 2007

ARGENTINA - Alfa SAB de CV of Mexico acquired two plants, located in Argentina and Mexico, from Eastman Chemical Co (EC), a Kingsport-based manufacturer and wholesaler of chemicals. The transaction had been subject to regulatory approval. The transaction included the

Eastman Chemical Co acquires Terra Industries Inc-Indl from Terra Industries Inc (pending) Eastman Chemical Co acquires Terra Industries Inc-Indl from Terra Industries Inc (pending)Sep 28, 2007

US - Eastman Chemical Co was agreed to acquire the industrial assets, located in Beaumont, Texas, of Terra Industries Inc (TI), a manufacturer of nitrogenous fertilizers. Terms were not disclosed. The transaction was to include the methanol and ammonia production facilities

La Seda de Barcelona SA acquires Eastman Chemical Co-European from Eastman Chemical Co (pending) La Seda de Barcelona SA acquires Eastman Chemical Co-European from Eastman Chemical Co (pending)Sep 17, 2007

UK - La Seda de Barcelona SA of Spain planned to acquire the two European plastics plants of Eastman Chemical Co, a Kingsport-based manufacturer and wholesaler of chemicals, fine chemicals, performance chemicals and intermediates, specialty plastics, for ###.### mil

La Seda de Barcelona SA acquires Eastman Chemical Iberia SA from Eastman Chemical Co La Seda de Barcelona SA acquires Eastman Chemical Iberia SA from Eastman Chemical CoMay 02, 2007

SPAIN - La Seda de Barcelona SA acquired Eastman Chemical Iberia SA, a San Roque-based manufacturer of chemicals, from Eastman Chemical Co (EC), for ## mil euros ($##.## mil US). The transaction, which was to include EC's PET

Westlake Chemical Corp acquires Eastman Chem Co-Polyethylene from Eastman Chemical Co Westlake Chemical Corp acquires Eastman Chem Co-Polyethylene from Eastman Chemical CoDec 01, 2006

US - Westlake Chemical Corp acquired the polyethylene business of Eastman Chemical Co, a manufacturer and wholesaler of chemicals and treated plastics, for $### mil in cash. The transaction, which included the epolene polymer business, related assets and ethylene pipeline, had

Viceroy Acquisition Corp acquires Eastman SE Inc from Eastman Chemical Co Viceroy Acquisition Corp acquires Eastman SE Inc from Eastman Chemical CoNov 01, 2006

US - Viceroy Acquisition Corp acquired Eastman SE Inc, a manufacturer of inorganic chemicals, from Eastman Chemical Co (EC), for $## mil. The transaction was subject to customary closing conditions and regulatory approvals. The transaction was to include EC's manufacturing

Neogen Corp acquires Centrus International Inc from Eastman Chemical Co Neogen Corp acquires Centrus International Inc from Eastman Chemical CoFeb 17, 2006

US - Neogen Corp acquired all the outstanding stock of Centrus International Inc, a manufacturer of microbial testing equipment, from Eastman Chemical Co, for $#.# mil in cash.

Eastman Chemical Co acquires Avmax Inc Eastman Chemical Co acquires Avmax IncApr 22, 2005

US - Eastman Chemical Co acquired Avmax Inc, a research and development firm, for $#.## mil.

Danisco A/S acquires remaining interest in Genencor International Inc from Eastman Chemical Co Danisco A/S acquires remaining interest in Genencor International Inc from Eastman Chemical CoApr 21, 2005

US - Danisco A/S (DA) acquired the remaining ##% stake, or #.### mil common shares, which it did not already own, in Genencor International Inc (GI), a biotechnology company, for $##.## in cash per share, or a total

Danisco A/S acquires Genencor International Inc from Eastman Chemical Co Danisco A/S acquires Genencor International Inc from Eastman Chemical CoApr 21, 2005

US - Danisco A/S (DA) raised its interest to ##% from ##% by acquiring ##.### mil common shares, or a ##% interest in Genencor International Inc (GI), a biotechnology company, from Eastman Chemical Co, for $###.### mil. DA

3E Co acquires Ariel Research Corp from Eastman Chemical Co 3E Co acquires Ariel Research Corp from Eastman Chemical CoNov 01, 2004

US - #E Co acquired Ariel Research Corp, a provider of regulatory compliance services, from Eastman Chemical Co. Terms were not disclosed.

Novamont(Montedison SpA) acquires Eastman Chemical Co-Biodegrad from Eastman Chemical Co Novamont(Montedison SpA) acquires Eastman Chemical Co-Biodegrad from Eastman Chemical CoSep 08, 2004

US - Novamont acquired the biodegradable & related businesses of Eastman Chemical Co, a manufacturer and wholesaler of chemical treated plastics.

Apollo Management LP acquires Eastman Chemical Co-CASPI Div from Eastman Chemical Co Apollo Management LP acquires Eastman Chemical Co-CASPI Div from Eastman Chemical CoAug 02, 2004

US - Apollo Management LP acquired the coatings, adhesives, specialty polymers and inks division of Eastman Chemical Co, a manufacturer and wholesaler of chemicals, fine chemicals, performance chemicals and intermediates, for $### mil. The consideration consisted of $### mil in cash

Sherwin-Williams Co acquires Eastman-Colorants Prod Line from Eastman Chemical Co Sherwin-Williams Co acquires Eastman-Colorants Prod Line from Eastman Chemical CoDec 01, 2003

US - Sherwin-Williams Co acquired the Accurate Dispersions' colorants product lines from Eastman Chemical Co, a manufacturer and wholesaler of chemically treated plastics. Terms were not disclosed.

Colortech Inc acquires Eastman-Polyethylene Color Bus from Eastman Chemical Co Colortech Inc acquires Eastman-Polyethylene Color Bus from Eastman Chemical CoSep 30, 2003

US - Colortech Inc, a unit of Polymer Muller GmbH, acquired the polyethylene color concentrates business of Eastman Chemical Co, a manufacturer and wholesaler of chemicals and treated plastics. Terms were not disclosed.

DuPont Engineering Polymers acquires Eastman Chem-High-Performace from Eastman Chemical Co DuPont Engineering Polymers acquires Eastman Chem-High-Performace from Eastman Chemical CoMar 05, 2003

US - DuPont Engineering Polymers, a unit of EI DuPont de Nemours & Co Inc, acquired the high-performance crystalline plastics business of Eastman Chemical Co, a manufacturer of chemical treated plastics. Terms were not disclosed.

Genencor International Inc acquires Rhodia SA-Brewing & Enzymes Op from Rhodia SA Genencor International Inc acquires Rhodia SA-Brewing & Enzymes Op from Rhodia SAJan 06, 2003

UK - Genencor International Inc acquired the Brewing and Enzymes Operations of Rhodia SA, a specialty chemicals manufacturer. Terms were not disclosed.

Eastman Chemical Company M&A Summary


Eastman Chemical Company has made 18 acquisitions while taking stakes in 3 companies. Eastman Chemical Company has 28 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008002
2007002
2006003
2005102
2004003
2003103
2002200
2001112
2000322
1999301
1998100
1997002
1996204
1995200
1994102
1993000
1992000
1991100
Total18328

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