Deal Snapshot
MICROTEK LABORATORIES ACQUIRES MICRONAL PCM BUSINESS OF GERMANY´S BASF
Friday 19 May 2017

Ohio, US-based encapsulation solutions provider Microtek Laboratories, Inc. has agreed to acquire the Micronal phase change materials (PCM) business of Germany based BASF as well as an exclusive license for the manufacture of Micronal microencapsulated PCM, the company said. Both companies have agreed not to disclose financial details of the transaction.
Microencapsulated phase change materials (PCM) are used for thermal regulation in building and construction, mattresses and pillows, textiles, electronics, and packaging applications. Micronal said the acquisition will strengthen and enhance Microtek's product offerings to customers, expanding the selection of microencapsulated PCM products.


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Details
Date Published: 19/05/2017
Target: BASF/Micronal phase change materials (PCM) business
Country: Germany
Sector: Chemicals
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor: BASF
Buyer: Microtek Laboratories
Comment:
Deal includes an exclusive license for the manufacture of Micronal microencapsulated PCM

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