PRESS REVIEW Italmatch Chemicals enters into an agreement ... · Il closing dell'operazione è atteso nel primo trimestre del 2019. Il gruppo ha infatti siglato un accordo per l'acquisizione

PRESS REVIEW

Italmatch Chemicals enters into an agreement for the acquisition of BWA Water Additives

December 2018

INDICE

ITALMATCH CHEMICALS

22/12/2018 La Repubblica - Genova Italmatch Chemicals continua a crescere e fa shopping in Inghilterra

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16/12/2018 Chemical & Engineering News Italmatch buys BWA Water Additives

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15/12/2018 Milano Finanza Italmatch, questione di chimica

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15/12/2018 Milano Finanza Italmatch Chemicals, obiettivo borsa

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14/12/2018 LESLUBRIFIANTS.COM Italmatch Chemicals annonce l'acquisition des additifs pour eau BWA

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13/12/2018 Chemanager-online.com Italmatch Buys BWA Water Additives

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13/12/2018 ICIS Chemical Business News in brief

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12/12/2018 financecommunity.it 10:03Add on per Italmatch, controllata Bain: compra l'inglese Bwa

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12/12/2018 Be Beez Italmatch compra la britannica BWA. La controllante Fire (BC) si finanzieràanche con nuovo debito

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12/12/2018 Water. desalination + reuse Italmatch boosts portfolio with BWA Water Additives buy

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12/12/2018 Filtration Products Italmatch boosts portfolio with BWA Water Additives buy

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12/12/2018 M&A Navigator Italmatch Chemicals to Acquire BWA Water Additives

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12/12/2018 SNL Financial Services Daily PE-baked Italmatch Chemicals to buy BWA Water Additives

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12/12/2018 Fuels and Lubes Daily Italmatch Chemicals announces acquisition of BWA Water Additives

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11/12/2018 ligurianotizie.it 11:11Italmatch Chemicals acquisisce BWA Water Additives

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11/12/2018 MF - Nazionale PILLOLE

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11/12/2018 Il Giornale del Piemonte e della Liguria La chimica nel mondo parla sempre più genovese

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11/12/2018 MarketLine Italmatch Chemicals To Acquire BWA Water Additives

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11/12/2018 GlobalFDI Italmatch Chemicals Group enters into an agreement for the acquisition ofBWA Water Additives

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11/12/2018 Speciality Chemicals Magazine Italmatch to buy BWA Water Additives

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11/12/2018 Energy Daily Italmatch Chemicals Group enters into an agreement for the acquisition ofBWA Water Additives

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11/12/2018 Latin Business Today Italmatch Chemicals Group enters into an agreement for the acquisition ofBWA Water Additives

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11/12/2018 The Deal M&A Transaction | BWA Water Additives UK Ltd.

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11/12/2018 The Deal Bain-Backed Italmatch Wins BWA Auction

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11/12/2018 S&P Global Market Intelligence PE-backed Italmatch Chemicals to buy BWA Water Additives

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10/12/2018 Il Sole 24 Ore.com - Finanza e Mercati 18:13Chimica: Italmatch Chemicals annuncia acquisto Bwa Water Additives

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10/12/2018 borsaitaliana.it 18:03Chimica: Italmatch Chemicals annuncia acquisto Bwa Water Additives

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10/12/2018 genovaquotidiana.com 17:01La genovese Italmatch Chemicals acquista BWA Water Additives

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10/12/2018 genova.virgilio.it 00:59Oil gas, Italmatch Chemicals Group firma un accordo per l'acquisizione di BWAWater Additives

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10/12/2018 liguria.bizjournal.it 00:53Italmatch Chemicals acquisisce BWA e si rafforza sul mercato dei prodottichimici

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10/12/2018 genova24.it 00:47Oil & gas, Italmatch Chemicals Group firma un accordo per l'acquisizione diBWA Water Additives

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10/12/2018 milanofinanza.it 00:27Italmatch C.: accordo per acquisire Bwa Water A.

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10/12/2018 finanza.tgcom24.mediaset.it Italmatch C.: accordo per acquisire Bwa Water A.

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10/12/2018 ICIS News Italmatch Chemicals acquires water management firm BWA Water Additives

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10/12/2018 PE Hub Bain-backed Italmatch Chemicals buys BWA Water Additives.

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10/12/2018 Yahoo! Finance Italmatch Chemicals Group enters into an agreement for the acquisition ofBWA Water Additives

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10/12/2018 Equities.com Italmatch Chemicals Group enters into an agreement for the acquisition ofBWA Water Additives

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10/12/2018 Private Equity Wire Italmatch Chemicals to acquire BWA Water Additives

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10/12/2018 ACQ5 Bain-backed Italmatch Chemicals buys BWA Water Additives.

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10/12/2018 Albany Business Review Italmatch Chemicals Group enters into an agreement for the acquisition ofBWA Water Additives

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10/12/2018 Water online Italmatch Chemicals Group Enters Into An Agreement For The Acquisition OfBWA Water Additives

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10/12/2018 Finanza-24h.com Italmatch C.: accordo per acquisire Bwa

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10/12/2018 Morningstar.com Italmatch Chemicals Group enters into an agreement for the acquisition ofBWA Water Additives

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ITALMATCH CHEMICALS

43 articoli

22/12/2018Pag. 7 Ed. Genova

diffusione:171388tiratura:255996

6ITALMATCH CHEMICALS - Rassegna Stampa 09/12/2018 - 01/01/2019

16/12/2018Chemical & Engineering News


15/12/2018Pag. 29 N.247 - 15 dicembre 2018



15/12/2018Pag. 67 N.247 - 15 dicembre 2018



Italmatch Chemicals annonce l'acquisition des additifs pour eau BWALINK: http://leslubrifiants.unblog.fr/2018/12/14/italmatch-chemicals-annonce-lacquisition-des-additifs-pour-eau-bwa/

Italmatch Chemicals, groupe italien de premier plan spécialisé dans la production et lacommercialisation d'additifs de performance pour le traitement de l'eau et des procédés, lepétrole et le gaz, les lubrifiants industriels et les plastiques, basé à Gênes (Italie), annonce lasignature d'un accord portant sur l'acquisition de BWA Water Additives, un leader mondial dessolutions de gestion durable de l'eau pour le pétrole et le gaz, le traitement des eauxindustrielles et des industries de dessalement. Cette combinaison de deux sociétés trèscomplémentaires permet le développement de stratégies commerciales, des synergiesindustrielles et industrielles, compatibles avec l'objectif d'élargir et d'élargir la stratégieactuelle d'Italmatch Chemicals.

14/12/2018LESLUBRIFIANTS.COM


Italmatch Buys BWA Water AdditivesLINK: https://www.chemanager-online.com/en/news-opinions/headlines/italmatch-buys-bwa-water-additives

Italian specialty chemicals company Italmatch Chemicals has agreed to buy BWA WaterAdditives, a Manchester, UK-headquartered provider of water management technologies forthe oil & gas, industrial water treatment and desalination industries. Financial terms were notdisclosed. The combination of the two companies allows the development of strategic,commercial and industrial synergies, Italmatch said. "This transaction represents a uniqueopportunity to further increase our business, enhancing our innovative footprint in the water& process treatment applications field, and to continue the group's growth through highquality, research and development and 'best-in-class' technology offerings for the mostdemanding applications," said Italmatch's CEO, Sergio Iorio, who added that BWA also bringsa broad range of biocides for industrial water treatment and oil & gas applications. Theacquisition remains subject to regulatory approvals and is expected to close during the firstquarter of 2019. In separate news, Italmatch has signed a joint-venture agreement withSaudi Arabia's SADIG Industries to build an integrated phosphorus complex at Waad Al-Shamal at a total cost of $300 million. No further details on the project were available. USprivate equity group Bain Capital acquired Italmatch earlier this year from previous owner,French investment house Ardian.

13/12/2018Chemanager-online.com


13/12/2018ICIS Chemical Business








Add on per Italmatch, controllata Bain: compra l'inglese BwaLINK: https://financecommunity.it/add-italmatch-controllata-bain-compra-linglese-bwa/

Add on per Italmatch, controllata Bain: compra l'inglese Bwa Corporate Finance/M&A 0Comments dicembre 12, 2018 Add on per Italmatch, controllata Bain: compra l'inglese BwaBain Capital, attraverso la controllata Italmatch Chemicals, il gruppo chimico internazionaleattivo nella produzione e commercializzazione di additivi speciali per il trattamento acque e oil& gas, per la plastica e per oli lubrificanti, ha acquisito la britannica BWA Water Additives,fornitore a livello mondiale di soluzioni per i settori oil & gas con forte presenza negli Usa. Avendere è Berwind Corporation, un family office Usa, che aveva acquistato a sua volta lasocietà nel 2011 da Seera Investment Bank, una banca del Bahrein. Allora, quando BWAregistrava ricavi per 90 milioni di sterline, era stata valutata 185 milioni di sterline.L'integrazione di queste due società complementari "consente lo sviluppo di sinergiestrategiche, commerciali e industriali, coerenti con l'obiettivo di espandere e ampliarel'attualecapacità di produzione e commercializzazione di prodotti chimici destinati al trattamentoacque da parte di Italmatch Chemicals", spiega l'acquirente in una nota. BWA WaterAdditives, con oltre 40 anni di esperienza nella commercializzazione di additivi per iltrattamento e il processo delle acque, offre una gamma completa di soluzioni chimichealtamente specializzate e servizi correlati, che sono fortemente complementari con l'offertaproduttiva, le tecnologie e l'approccio commerciale al settore del trattamento acque, in fortecrescita, che sono propri di Italmatch Chemicals. Il termine della transazione, soggetta alleconsuete approvazioni normative, è previsto nel corso del primo trimestre del 2019. Ilfinanziamento dell'operazione è previsto avvenga attraverso una combinazione di debito e diequity. Fire (BC) S.p.A, società controllante di Italmatch Chemicals, ha ottenuto impegnifinanziari per la componente di debito del f inanziamento, che è destinata acompletarel'attuale struttura del capitale di debito del Gruppo Italmatch Chemicals. Siprevede che, in seguito all'acquisizione di BWA e dopo aver conseguito le previste sinergie, laleva finanziaria sarà sostanzialmente in linea con i livelli attuali. Italmatch è cresciuta inquesti ultimi anni soprattutto per acquisizioni, acquisendo negli ultimi due anni diverse societàinternazionali quali la cinese Jiayou Chemical Co., la statunitense Detrex Corporation, labrasiliana Sudamfos do Brasil, la francese Magpie Polymers, oltre ai due rami d'aziendadi Solvay e l'azienda Usa Compass Chemical International. Guidato dall'amministratoredelegato Sergio Iorio, il gruppo ha chiuso il 2017 con 400 milioni di euro di ricavi e un ebitdadi 65 milioni, mentre a fine giugno aveva raggiunto ricavi pro-forma degli ultimi 12 mesi di448 milioni.

12/12/2018 10:03Sito Web financecommunity.it


Italmatch compra la britannica BWA. La controllante Fire (BC) sifinanzierà anche con nuovo debito

LINK: https://bebeez.it/2018/12/12/deitalmatch-compra-la-britannica-bwa-si-finanziera-anche-con-nuovo-debito/

Nuova acquisizione per Italmatch Chemicals, il gruppo chimico internazionale leader nellaproduzione e commercializzazione di additivi speciali per il trattamento acque e oil & gas, perla plastica e per oli lubrificanti, controllato da Bain Capital (si veda qui il comunicato stampa).Il closing dell'operazione è atteso nel primo trimestre del 2019. Il gruppo ha infatti siglato unaccordo per l'acquisizione della britannica BWA Water Additives, fornitore leader a livellomondiale di soluzioni per i settori oil & gas, trattamento acque a uso industriale edesalinizzazione, con forte presenza negli Usa. A vendere è Berwind Corporation, un familyoffice Usa, che aveva acquistato a sua volta la società nel 2011 da Seera Investment Bank,una banca del Bahrein. Allora, quando BWA registrava ricavi per 90 milioni di sterline, erastata valutata 185 milioni di sterline. Il finanziamento dell'operazione avverrà attraverso unacombinazione di debito e di equity. Fire (BC) spa, società controllante di Italmatch Chemicals,ha ottenuto impegni finanziari per la componente di debito del finanziamento, che è destinataa completare l'attuale struttura del capitale di debito del Gruppo Italmatch Chemicals. Fire(BC) spa è la stessa società che lo scorso fine settembre ha collocato il bond da 410 milioni dieuro (a scadenza 30 settembre 2024 con cedola pari al tasso euribor 3 mesi più 475 puntibase) che ha supportato il buyout da parte di Bain Capital, annunciato a luglio e conclusosi aottobre (si veda altro articolo di BeBeez). Si prevede che, in seguito all'acquisizione di BWA edopo aver conseguito le previste sinergie, la leva finanziaria sarà sostanzialmente in linea coni livelli attuali. Moody's nel suo report in cui assegnava al bond rating B3 lo scorso settembre,aveva parlato indirettamente di questa acquisizione. La società di rating riferiva, infatti, cheItalmatch aveva annunciato di essere in trattative per acquisire un produttore di additivichimici con una forte impronta operativa negli Stati Uniti e che la transazione si sarebbepotuta chiudere nel quarto trimestre 2018. Se così fosse stato, diceva Moody's, per Italmatchil deal sarebbe stato molto importante, perché avrebbe aggiunto nuovi ricavi per circa 100milioni di euro e nuovo ebitda per 23 milioni. Italmatch aveva già spiegato allora che avrebbefinanziato la potenziale acquisizione con un mix di equity e di debito per arrivare comunquead avere una leva di 5,35 volte. Guidato dall'amministratore delegato Sergio Iorio, il gruppoha chiuso il 2017 con 400 milioni di euro di ricavi e un ebitda di 65 milioni, mentre a finegiugno aveva raggiunto ricavi pro-forma degli ultimi 12 mesi di 448 milioni. Italmatch ècresciuta in questi ultimi anni soprattutto per acquisizioni. Dal 2016 a oggi, in particolare, hacomprato business & asset relativi alla produzione e vendita di fosfonati realizzati nel sitoproduttivo della cinese Jiayou Chemical Co., la statunitense Detrex Corporation, la brasilianaSudamfos do Brasil, la francese Magpie Polymers, due rami d'azienda di Solvay (additivi abase di fosforo per il settore minerario e additivi per il trattamento acque) e la statunitenseCompass Chemical International.

12/12/2018Be Beez


Italmatch boosts portfolio with BWA Water Additives buyLINK: https://www.desalination.biz/news/0/Italmatch-boosts-portfolio-with-BWA-Water-Additives-buy/9174/

Italmatch Chemicals is to acquire BWA Water Additives, adding to its portfolio of chemicals forwater treatment and industrial processes. The deal is the third acquisition by Italmatch inthree years: it acquired Sudamfos Do Brasil in 2017, and in 2016, it bought Solvay. TheItalian firm focuses on performance additives for water and process treatment industries, oiland gas, and industrial lubricants and plastics. BWA provides chemicals for the oil and gas,industrial water treatment and desalination industries. The two companies' offers are "highlycomplementary", an Italmatch statement said. "This transaction is a unique opportunity tocontinue the group's growth through high-quality research and development, and best-in-class technology for the most demanding applications. BWA is the ideal partner, sharing ourstrategic view to grow through innovative and tailor-made solutions," said Italmatch chiefexecutive Sergio Iorio. The deal will be financed through debt and Italmatch equity.

12/12/2018Water. desalination + reuse


Italmatch boosts portfolio with BWA Water Additives buyLINK: https://www.filtration-products.com/italmatch-boosts-portfolio-with-bwa-water-additives-buy/

Italmatch Chemicals is to acquire BWA Water Additives, adding to its portfolio of chemicals forwater treatment and industrial processes. The acquired company produces chemicals for oiland gas, industrial water treatment and desalination The deal is the third acquisition byItalmatch in three years: it acquired Sudamfos Do Brasil in 2017, and in 2016, it boughtSolvay. The Italian firm focuses on performance additives for water and process treatmentindustries, oil and gas, and industrial lubricants and plastics. BWA provides chemicals for theoil and gas, industrial water treatment and desalination industries. The two companies' offersare "highly complementary", an Italmatch statement said. "This transaction is a uniqueopportunity to continue the group's growth through high-quality research and development,and best-in-class technology for the most demanding applications. BWA is the ideal partner,sharing our strategic view to grow through innovative and tailor-made solutions," saidItalmatch chief executive Sergio Iorio. The deal will be financed through debt and Italmatchequity.

12/12/2018Filtration Products


12/12/2018M&A Navigator


12/12/2018SNL Financial Services Daily


Italmatch Chemicals announces acquisition of BWA Water AdditivesLINK: https://www.fuelsandlubes.com/italmatch-chemicals-announces-acquisition-bwa-water-additives/

Genoa, Italy-based Italmatch Chemicals. a leading global specialty chemical group focused onthe production and marketing of performance additives for water & process treatment, oil &gas, industrial lubricants and plastics, has signed an agreement to acquire BWA WaterAdditives, a leading global provider of sustainable water management solutions for the oil &gas, industrial water treatment and desalination industries. This combination of two highlycorn plementang companies allows the development of strategic, commerciaI and industrialsynergies. consistent with the aim of expanding and broadening Italmatch Chemicals' currentproduction and marketing capabilities for water management chemicaIs. BWA WaterAdditives, having more than 40 years experience in the marketing of water & processtreatment additives, provides a comprehensive range of highly specialized chemical solutionsand associated services, which are highly complementary with Italmatch Chemicals' productrange, technologies and commercial approach to the fast-growing water treatment industry.`This transaction represents a unique opportunity to further increase our business, enhancingour innovative footprint in the water & process treatment applications field, and to continuethe group's growth through high quality, research & development and 'best in class'technology offerings for the most demanding applications. We see BWA as the ideal partner,sharing our strategic view to grow through innovative and tailor-made solutions. In addition,BWA complements Italmatch Chemicals' product portfolio with a broad range of biocides forIWT and Oil & Gas applications." said Sergio lorio. CEO of Italmatch Chemicals Group. Thetransaction, which is subject to custom ary regulatory approvals, is expected to close duringthe first quarter of 2019. The transaction is expected to be financed through a combination ofdebt of Italmatch and equity. Fire (BC) Spa, Italmatch ChemicaIs' parent company, hasobtained commitments for the debt component of the financing, which is intended tocomplement the Italmatch Chemicals Group's existing debt capital structure. Following theacquisition of BWA and after giving effect to the expected synergies to be generated inconnection therewith, Italmatch said its senior secured net leverage ratio will substantially bein line with current levels. Bain Capital Private Equity, a leading global private investmentfirm, recently acquired the majority of Italmatch Chemicals together with the management inOctober 2018.

12/12/2018Fuels and Lubes Daily


Italmatch Chemicals acquisisce BWA Water AdditivesLINK: https://www.ligurianotizie.it/italmatch-chemicals-acquisisce-bwa-water-additives/2018/12/11/321486/

Italmatch Chemicals acquisisce BWA Water Additives 11 dicembre 2018 0 CONDIVIDIFacebook Twitter Italmatch Chemicals acquisisce BWA Water Additives Rafforza suoposizionamento nel settore trattamento acque Italmatch Chemicals, gruppo chimicointernazionale leader nella produzione e commercializzazione di additivi speciali per iltrattamento acque e oil & gas, per la plastica e per oli lubrificanti, annuncia di aver siglato unaccordo per l'acquisizione di BWA Water Additives, fornitore leader a livello mondiale disoluzioni per i settori oil & gas, trattamento acque ad uso industriale e desalinizzazione.L'integrazione di queste due società altamente complementari consente lo sviluppo di sinergiestrategiche, commerciali e industriali, coerenti con l'obiettivo di espandere e ampliare l'attualecapacità di produzione e commercializzazione di prodotti chimici destinati al trattamentoacque da parte di Italmatch Chemicals. BWA Water Additives, con oltre 40 anni di esperienzanellacommercializzazione di additivi per il trattamento e il processo delle acque, offre unagamma completa di soluzioni chimiche altamente specializzate e servizi correlati, che sonofortemente complementari con l'offerta produttiva, le tecnologie e l'approccio commerciale alsettore del trattamento acque, in forte crescita, che sono propri di Italmatch Chemicals.'Questa transazione rappresenta un'opportunità unica per rinforzare ed espandereulteriormente il nostro business, migliorando il nostro impatto innovativo nel settore delleapplicazioni per il trattamento e il processo delle acque, e ci permette di continuare la crescitadel Gruppo attraverso alta qualità, ricerca e sviluppo e le migliori proposte tecnologichedisponibili sul mercato per le applicazioni più esigenti - afferma Sergio Iorio, CEO di ItalmatchChemicals Group - Consideriamo BWA il partner ideale che condivide la nostra visionestrategica di crescita attraverso soluzioni innovative e altamente personalizzate.Inoltre, BWAcompleta il portfolio prodotti di Italmatch Chemicals con un'ampia gamma di biocidi perapplicazioni nel settore del trattamento acque ad uso industriale e oil&gas.'

11/12/2018 11:11Sito Web


11/12/2018Pag. 15



11/12/2018Pag. 7 Il Giornale del Piemonte e della Liguria


11/12/2018MarketLine


Italmatch Chemicals Group enters into an agreement for theacquisition of BWA Water Additives

LINK: http://globalfdi.net/articles/1218/italmatch-chemicals-group-enters-into-an-agreement-for-the-acquisition-of-bwa-water-additives.html

Italmatch Chemicals, a leading global specialty chemical group focused on the production andmarketing of performance additives for water & process treatment, oil & gas, industriallubricants and plastics, today announces that it has signed an agreement to acquire BWAWater Additives, a leading global provider of sustainable water management solutions for theoil & gas, industrial water treatment and desalination industries. This combination of twohighly complementary companies allows the development of strategic, commercial andindustrial synergies, consistent with the aim of expanding and broadening ItalmatchChemicals' current production and marketing capabilities for water management chemicals.BWA Water Additives, having more than 40 years experience in the marketing of water &process treatment additives, provides a comprehensive range of highly specialized chemicalsolutions and associated services, which are highly complementary with Italmatch Chemicals'product range, technologies and commercial approach to the fast growing water treatmentindustry. Sergio Iorio, CEO of Italmatch Chemicals Group, stated: "This transaction representsa unique opportunity to further increase our business, enhancing our innovative footprint inthe water & process treatment applications field, and to continue the Group's growth throughhigh quality, research & development and 'best in class' technology offerings for the mostdemanding applications. We see BWA as the ideal partner, sharing our strategic view to growthrough innovative and tailor-made solutions. In addition, BWA complements ItalmatchChemicals' product portfolio with a broad range of biocides for IWT and Oil & Gasapplications." The transaction, which is subject to customary regulatory approvals, isexpected to close during the first quarter of 2019. The transaction is expected to be financedthrough a combination of debt of Italmatch and equity. Fire (BC) S.p.A, Italmatch Chemicals'parent company, has obtained commitments for the debt component of the financing, whichis intended to complement the Italmatch Chemicals Group's existing debt capital structure.We expect that, following the acquisition of BWA and after giving effect to the expectedsynergies to be generated in connection therewith, our senior secured net leverage ratio willbe substantially in line with current levels.

11/12/2018GlobalFDI


Italmatch to buy BWA Water AdditivesLINK: https://www.specchemonline.com/italmatch-buy-bwa-water-additives

Genoa-based Italmatch Chemicals, a speciality chemicals company focused on additives forwater and process treatment, oil and gas, industrial lubricants and plastics, has signed anagreement to acquire BWA Water Additives, which is also active in the oil and gas, industrialwater treatment and desalination industries. The deal, for which terms were not disclosed, isexpected to close in Q1 2019, subject to customary regulatory approvals. It will be financedby a mixture and debt and equity. Italmatch, which is owned by private equity firm BainCapital, commented that "this combination of two highly complementary companies allowsthe development of strategic, commercial and industrial synergies, consistent with the aim ofexpanding and broadening our current production and marketing capabilities for watermanagement chemicals". Italmatch dates back to 1997 and currently has seven sites inEurope, five in the Asia-Pacific region and five in North America, with sales and distributionsubsidiaries in eight other countries. There are about 800 employees and passed to Bain'sownership in October 2018, with the management retaining a minority stake. BWA dates backabout 40 years, mainly at a site in Manchester, UK, and emerged from Clariant about adecade ago.

11/12/2018Speciality Chemicals Magazine



LINK: http://www.energy-daily.com/reports/prnewswire-energy-daily-news.html?rkey=20181210NY97211&filter=1615

The transaction is consistent with Italmatch Chemicals Group's growth strategy and broadensits position as global leader in this business. GENOA, Italy, Dec. 10, 2018 /PRNewswire/ --Italmatch Chemicals, a leading global specialty chemical group focused on the production andmarketing of performance additives for water & process treatment, oil & gas, industriallubricants and plastics, today announces that it has signed an agreement to acquire BWAWater Additives, a leading global provider of sustainable water management solutions for theoil & gas, industrial water treatment and desalination industries. This combination of twohighly complementary companies allows the development of strategic, commercial andindustrial synergies, consistent with the aim of expanding and broadening ItalmatchChemicals' current production and marketing capabilities for water management chemicals.BWA Water Additives, having more than 40 years experience in the marketing of water &process treatment additives, provides a comprehensive range of highly specialized chemicalsolutions and associated services, which are highly complementary with Italmatch Chemicals'product range, technologies and commercial approach to the fast growing water treatmentindustry. Sergio Iorio, CEO of Italmatch Chemicals Group, stated: "This transaction representsa unique opportunity to further increase our business, enhancing our innovative footprint inthe water & process treatment applications field, and to continue the Group's growth throughhigh quality, research & development and 'best in class' technology offerings for the mostdemanding applications. We see BWA as the ideal partner, sharing our strategic view to growthrough innovative and tailor-made solutions. In addition, BWA complements ItalmatchChemicals' product portfolio with a broad range of biocides for IWT and Oil & Gasapplications." The transaction, which is subject to customary regulatory approvals, isexpected to close during the first quarter of 2019. The transaction is expected to be financedthrough a combination of debt of Italmatch and equity. Fire (BC) S.p.A, Italmatch Chemicals'parent company, has obtained commitments for the debt component of the financing, whichis intended to complement the Italmatch Chemicals Group's existing debt capital structure.We expect that, following the acquisition of BWA and after giving effect to the expectedsynergies to be generated in connection therewith, our senior secured net leverage ratio willbe substantially in line with current levels.

11/12/2018Energy Daily



LINK: https://latinbusinesstoday.com/pr-newswire/?rkey=20181210NY97211&filter=11813


11/12/2018Latin Business Today


11/12/2018The Deal


11/12/2018The Deal


PE-backed Italmatch Chemicals to buy BWA Water AdditivesLINK: https://www.spglobal.com/marketintelligence/en/news-insights/trending/j0yoady_sczvuegru3h_cq2

Italmatch Chemicals SpA, a portfolio company of Bain Capital Private Equity LP since October2018, signed an agreement to acquire BWA Water Additives UK Ltd. for an undisclosedamount. Italmatch is a specialty chemical group specializing in the production and marketingof performance additives for water and process treatment, oil and gas, industrial lubricantsand plastics. BWA provides sustainable water management to the oil and gas, industrial watertreatment and desalination industries. The acquisition will allow Italmatch to boost itsbusiness, improve its presence in the water and process-treatment applications sector andmaintain its growth. The transaction, subject to customary regulatory approvals, is set toclose during the first quarter of 2019. It will be financed through a combination of Italmatch'sdebt and equity. Italmatch's holding company, Fire (BC) SpA, has secured commitments forthe debt financing, which will complement the company's current debt capital structure.

11/12/2018S&P Global Market Intelligence


Chimica: Italmatch Chemicals annuncia acquisto Bwa WaterAdditives

LINK: https://finanza-mercati.ilsole24ore.com/azioni/analisi-e-news/tutte-le-news/news-radiocor/news-radiocor.php?PNAC=nRC_10.12.2018_17.33_520&ID...

Chimica: Italmatch Chemicals annuncia acquisto Bwa Water Additives (Il Sole 24 Ore RadiocorPlus) - Milano, 10 dic - Italmatch Chemicals, gruppo chimico internazionale con quartiergenerale a Genova attivo nella produzione e commercializzazione di additivi speciali per iltrattamento acque e oil & gas, per la plastica e per oli lubrificanti, annuncia di aver siglato unaccordo per l'acquisizione di Bwa Water Additives, fornitore inglese di soluzioni per i settori oil& gas, trattamento acque ad uso industriale e desalinizzazione. 'Questa transazionerappresenta un'opportunita' unica per rinforzare ed espandere ulteriormente il nostrobusiness, migliorando il nostro impatto innovativo nel settore delle applicazioni per iltrattamento e il processo delle acque, e ci permette di continuare la crescita del Gruppoattraverso alta qualita', ricerca e sviluppo e le migliori proposte tecnologiche disponibili sulmercato per le applicazioni piu' esigenti', afferma Sergio Iorio, ceo di ItalmatchChemicalsGroup. 'Consideriamo Bwa il partner ideale che condivide la nostra visione strategica dicrescita attraverso soluzioni innovative e altamente personalizzate. Inoltre, Bwa completa ilportfolio prodotti di Italmatch Chemicals con un'ampia gamma di biocidi per applicazioni nelsettore del trattamento acque ad uso industriale e oil&gas', ha aggiunto Iorio. Il termine dellatransazione, soggetta alle consuete approvazioni normative, e' previsto nel corso del primotrimestre del 2019. Una volta completata l'acquisizione, in termini di volumi, l'attivita' oil &gas, trattamento acque e desalinizzazione diventera' la piu' rilevante del gruppo. Ilfinanziamento dell'operazione e' previsto avvenga attraverso una combinazione di debito e diequity. Fire (BC) spa, societa' controllante di Italmatch Chemicals, ha ottenuto impegnifinanziari per la componente di debito del finanziamento, che e' destinata a completarel'attuale struttura del capitale di debito del Gruppo ItalmatchChemicals. Il Gruppo genera unfatturato pro-forma pari a circa 440 milioni di euro e opera attraverso 7 stabilimenti produttiviin Europa (Italia, Spagna, Germania e Regno Unito), 5 nella regione Asia Pacifica (Giappone,Cina e India), 5 in Nord America (Stati Uniti) e filiali di vendita/distribuzione in Brasile, Belgio,Cina, Giappone, India, Polonia, Singapore e Stati Uniti, impiegando complessivamente oltre800 addetti. Bain Capital Private Equity, societa' leader di investimento a livello globale, harecentemente acquisito la maggioranza di Italmatch Chemicals insieme al managementnell'ottobre 2018. Com-Fla- (RADIOCOR) 10-12-18 17:33:10 (0520) 5 NNNN

10/12/2018 18:13Sito Web Il Sole 24 Ore.com - Finanza e Mercati


Chimica: Italmatch Chemicals annuncia acquisto Bwa WaterAdditives

LINK: https://www.borsaitaliana.it/borsa/notizie/radiocor/economia/dettaglio/nRC_10122018_1733_520661928.html

Chimica: Italmatch Chemicals annuncia acquisto Bwa Water Additives (Il Sole 24 Ore RadiocorPlus) - Milano, 10 dic - Italmatch Chemicals, gruppo chimico internazionale con quartiergenerale a Genova attivo nella produzione e commercializzazione di additivi speciali per iltrattamento acque e oil & gas, per la plastica e per oli lubrificanti, annuncia di aver siglato unaccordo per l'acquisizione di Bwa Water Additives, fornitore inglese di soluzioni per i settori oil& gas, trattamento acque ad uso industriale e desalinizzazione. 'Questa transazionerappresenta un'opportunita' unica per rinforzare ed espandere ulteriormente il nostrobusiness, migliorando il nostro impatto innovativo nel settore delle applicazioni per iltrattamento e il processo delle acque, e ci permette di continuare la crescita del Gruppoattraverso alta qualita', ricerca e sviluppo e le migliori proposte tecnologiche disponibili sulmercato per le applicazioni piu' esigenti', afferma Sergio Iorio, ceo di ItalmatchChemicalsGroup. 'Consideriamo Bwa il partner ideale che condivide la nostra visione strategica dicrescita attraverso soluzioni innovative e altamente personalizzate. Inoltre, Bwa completa ilportfolio prodotti di Italmatch Chemicals con un'ampia gamma di biocidi per applicazioni nelsettore del trattamento acque ad uso industriale e oil&gas', ha aggiunto Iorio. Il termine dellatransazione, soggetta alle consuete approvazioni normative, e' previsto nel corso del primotrimestre del 2019. Una volta completata l'acquisizione, in termini di volumi, l'attivita' oil &gas, trattamento acque e desalinizzazione diventera' la piu' rilevante del gruppo. Ilfinanziamento dell'operazione e' previsto avvenga attraverso una combinazione di debito e diequity. Fire (BC) spa, societa' controllante di Italmatch Chemicals, ha ottenuto impegnifinanziari per la componente di debito del finanziamento, che e' destinata a completarel'attuale struttura del capitale di debito del Gruppo ItalmatchChemicals. Il Gruppo genera unfatturato pro-forma pari a circa 440 milioni di euro e opera attraverso 7 stabilimenti produttiviin Europa (Italia, Spagna, Germania e Regno Unito), 5 nella regione Asia Pacifica (Giappone,Cina e India), 5 in Nord America (Stati Uniti) e filiali di vendita/distribuzione in Brasile, Belgio,Cina, Giappone, India, Polonia, Singapore e Stati Uniti, impiegando complessivamente oltre800 addetti. Bain Capital Private Equity, societa' leader di investimento a livello globale, harecentemente acquisito la maggioranza di Italmatch Chemicals insieme al managementnell'ottobre 2018. Com-Fla- (RADIOCOR) 10-12-18 17:33:10 (0520) 5 NNNN Tag

10/12/2018 18:03Sito Web


La genovese Italmatch Chemicals acquista BWA Water AdditivesLINK: https://genovaquotidiana.com/2018/12/10/la-genovese-italmatch-chemicals-acquista-bwa-water-additives/

La genovese Italmatch Chemicals acquista BWA Water Additives 10 Dic 2018GenovaQuotidiana 0 Commenti BWA è fornitore leader a livello mondiale di soluzioni per isettori oil & gas, trattamento acque ad uso industriale e desalinizzazione Italmatch Chemicals,gruppo chimico internazionale leader nella produzione e commercializzazione di additivispeciali per il trattamento acque e oil & gas, per la plastica e per oli lubrificanti, oggi annunciadi aver siglato un accordo per l'acquisizione di BWA Water Additives, fornitore leader a livellomondiale di soluzioni per i settori oil & gas, trattamento acque ad uso industriale edesalinizzazione. L'integrazione di queste due società altamente complementari consente losviluppo di sinergie strategiche, commerciali e industriali, coerenti con l'obiettivo di espanderee ampliare l'attuale capacità di produzione e commercializzazione di prodotti chimici destinatial trattamento acque da parte di Italmatch Chemicals. BWA Water Additives, con oltre40 annidi esperienza nella commercializzazione di additivi per il trattamento e il processo delle acque,offre una gamma completa di soluzioni chimiche altamente specializzate e servizi correlati,che sono fortemente complementari con l'offerta produttiva, le tecnologie e l'approcciocommerciale al settore del trattamento acque, in forte crescita, che sono propri di ItalmatchChemicals. "Questa transazione rappresenta un'opportunità unica per rinforzare ed espandereulteriormente il nostro business, migliorando il nostro impatto innovativo nel settore delleapplicazioni per il trattamento e il processo delle acque, e ci permette di continuare la crescitadel Gruppo attraverso alta qualità, ricerca e sviluppo e le migliori proposte tecnologichedisponibili sul mercato per le applicazioni più esigenti - afferma Sergio Iorio, CEO di ItalmatchChemicals Group - Consideriamo BWA il partner ideale che condivide la nostra visionestrategica di crescita attraverso soluzioni innovative ealtamente personalizzate. Inoltre, BWAcompleta il portfolio prodotti di Italmatch Chemicals con un'ampia gamma di biocidi perapplicazioni nel settore del trattamento acque ad uso industriale e oil&gas." Mi piace:

10/12/2018 17:01Sito Web genovaquotidiana.com


Oil gas, Italmatch Chemicals Group firma un accordo perl'acquisizione di BWA Water Additives

LINK: https://genova.virgilio.it/notizielocali/oil_gas_italmatch_chemicals_group_firma_un_accordo_per_l_acquisizione_di_bwa_water_additives-573767...

Oil gas, Italmatch Chemicals Group firma un accordo per l'acquisizione di BWA WaterAdditives Genova . Italmatch Chemicals, gruppo chimico internazionale leader nellaproduzione e commercializzazione di additivi speciali per il trattamento acque e oil & gas, perla plastica e per oli...

10/12/2018 00:59Sito Web genova.virgilio.it


Italmatch Chemicals acquisisce BWA e si rafforza sul mercato deiprodotti chimici

LINK: http://liguria.bizjournal.it/2018/12/italmatch-chemicals-acquisisce-bwa-e-si-rafforza-sul-mercato-dei-prodotti-chimici/

Italmatch Chemicals acquisisce BWA e si rafforza sul mercato dei prodotti chimici Daredazione - 10 dicembre 2018 12:53 Condividi su Facebook Condividi su Twitter tweetItalmatch Chemicals, gruppo chimico internazionale attivo nella produzione ecommercializzazione di additivi speciali per il trattamento acque e oil & gas, per la plastica eper oli lubrificanti, ha siglato un accordo per l'acquisizione di BWA Water Additives, fornitoreleader a livello mondiale di soluzioni per i settori oil & gas, trattamento acque a usoindustriale e desalinizzazione. L'integrazione di queste due società altamente complementariconsente lo sviluppo di sinergie strategiche, commerciali e industriali, coerenti con l'obiettivodi espandere e ampliare l'attuale capacità di produzione e commercializzazione di prodottichimici destinati al trattamento acque da parte di Italmatch Chemicals. BWA Water Additives,con oltre 40 anni di esperienza nella commercializzazione di additivi per il trattamento eilprocesso delle acque, offre una gamma completa di soluzioni chimiche altamentespecializzate e servizi correlati, che sono fortemente complementari con l'offerta produttiva, letecnologie e l'approccio commerciale al settore del trattamento acque, in forte crescita, chesono propri di Italmatch Chemicals. «Questa transazione rappresenta un'opportunità unicaper rinforzare ed espandere ulteriormente il nostro business - afferma Sergio Iorio, ceo diItalmatch Chemicals Group - migliorando il nostro impatto innovativo nel settore delleapplicazioni per il trattamento e il processo delle acque, e ci permette di continuare la crescitadel gruppo attraverso alta qualità, ricerca e sviluppo e le migliori proposte tecnologichedisponibili sul mercato per le applicazioni più esigenti. Consideriamo BWA il partner ideale checondivide la nostra visione strategica di crescita attraverso soluzioni innovative e altamentepersonalizzate. Inoltre, BWA completa il portfolio prodotti di ItalmatchChemicals con un'ampiagamma di biocidi per applicazioni nel settore del trattamento acque ad uso industriale eoil&gas». Il termine della transazione, soggetta alle consuete approvazioni normative, èprevisto nel corso del primo trimestre del 2019. Il finanziamento dell'operazione è previstoavvenga attraverso una combinazione di debito e di equity. Fire (BC) spa, società controllantedi Italmatch Chemicals, ha ottenuto impegni finanziari per la componente di debito delfinanziamento, che è destinata a completare l'attuale struttura del capitale di debito delGruppo Italmatch Chemicals. Si prevede che, in seguito all'acquisizione di BWA e dopo averconseguito le previste sinergie, la leva finanziaria sarà sostanzialmente in linea con i livelliattuali.

10/12/2018 00:53Sito Web liguria.bizjournal.it


Oil & gas, Italmatch Chemicals Group firma un accordo perl'acquisizione di BWA Water Additives

LINK: https://www.genova24.it/2018/12/oil-gas-italmatch-chemicals-group-firma-un-accordo-per-lacquisizione-di-bwa-water-additives-209621/

Oil & gas, Italmatch Chemicals Group firma un accordo per l'acquisizione di BWA WaterAdditives di Redazione - 10 dicembre 2018 - 12:47 Genova. Italmatch Chemicals, gruppochimico internazionale leader nella produzione e commercializzazione di additivi speciali per iltrattamento acque e oil & gas, per la plastica e per oli lubrificanti, oggi annuncia di aversiglato un accordo per l'acquisizione di BWA Water Additives, fornitore leader a livellomondiale di soluzioni per i settori oil & gas, trattamento acque ad uso industriale edesalinizzazione. L'integrazione di queste due società altamente complementari consente losviluppo di sinergie strategiche, commerciali e industriali, coerenti con l'obiettivo di espanderee ampliare l'attuale capacità di produzione e commercializzazione di prodotti chimici destinatial trattamento acque da parte di Italmatch Chemicals. BWA Water Additives, con oltre 40 annidi esperienza nella commercializzazione di additivi per il trattamento e ilprocesso delle acque,offre una gamma completa di soluzioni chimiche altamente specializzate e servizi correlati,che sono fortemente complementari con l'offerta produttiva, le tecnologie e l'approcciocommerciale al settore del trattamento acque, in forte crescita, che sono propri di ItalmatchChemicals. "Questa transazione rappresenta un'opportunità unica per rinforzare ed espandereulteriormente il nostro business, migliorando il nostro impatto innovativo nel settore delleapplicazioni per il trattamento e il processo delle acque, e ci permette di continuare la crescitadel Gruppo attraverso alta qualità, ricerca e sviluppo e le migliori proposte tecnologichedisponibili sul mercato per le applicazioni più esigenti - afferma Sergio Iorio, CEO di ItalmatchChemicals Group - Consideriamo BWA il partner ideale che condivide la nostra visionestrategica di crescita attraverso soluzioni innovative e altamente personalizzate. Inoltre, BWAcompleta il portfolio prodotti di ItalmatchChemicals con un'ampia gamma di biocidi perapplicazioni nel settore del trattamento acque ad uso industriale e oil&gas."

10/12/2018 00:47Sito Web


Italmatch C.: accordo per acquisire Bwa Water A.LINK: https://www.classeditori.it/dettaglionotizia.asp?id=201812101256041027

Italmatch C.: accordo per acquisire Bwa Water A. MILANO (MF-DJ)--Italmatch Chemicals,gruppo chimico internazionale, ha siglato un accordo per l'acquisizione di Bwa WaterAdditives, fornitore leader a livello mondiale di soluzioni per i settori oil & gas, trattamentoacque ad uso industriale e desalinizzazione. L'integrazione di queste due societa', spiega unanota, consente lo sviluppo di sinergie strategiche, commerciali e industriali, coerenti conl'obiettivo di espandere e ampliare l'attuale capacita' di produzione e commercializzazione diprodotti chimici destinati al trattamento acque da parte di Italmatch Chemicals. Il terminedella transazione, soggetta alle consuete approvazioni normative, e' previsto nel corso delprimo trimestre del 2019. Il finanziamento dell'operazione e' previsto avvenga attraverso unacombinazione di debito e di equity. Fire (BC) S.p.A, societa' controllante di ItalmatchChemicals, ha ottenuto impegni finanziari per la componente di debito delfinanziamento, chee' destinata a completare l'attuale struttura del capitale di debito del Gruppo ItalmatchChemicals. Si prevede che, in seguito all'acquisizione di Bwa e dopo aver conseguito lepreviste sinergie, la leva finanziaria sara' sostanzialmente in linea con i livelli attuali. com/lab(fine) MF-DJ NEWS 12:27 10 dic 2018

10/12/2018 00:27Sito Web milanofinanza.it


Italmatch C.: accordo per acquisire Bwa Water A.LINK: http://finanza.tgcom24.mediaset.it/news/dettaglio_news.asp?id=201812101256041027&chkAgenzie=PMFNW

Italmatch C.: accordo per acquisire Bwa Water A. 10/12/2018 12:27 MILANO (MF-DJ)--Italmatch Chemicals, gruppo chimico internazionale, ha siglato un accordo per l'acquisizionedi Bwa Water Additives, fornitore leader a livello mondiale di soluzioni per i settori oil & gas,trattamento acque ad uso industriale e desalinizzazione. L'integrazione di queste due societa',spiega una nota, consente lo sviluppo di sinergie strategiche, commerciali e industriali,coerenti con l'obiettivo di espandere e ampliare l'attuale capacita' di produzione ecommercializzazione di prodotti chimici destinati al trattamento acque da parte di ItalmatchChemicals. Il termine della transazione, soggetta alle consuete approvazioni normative, e'previsto nel corso del primo trimestre del 2019. Il finanziamento dell'operazione e' previstoavvenga attraverso una combinazione di debito e di equity. Fire (BC) S.p.A, societa'controllante di Italmatch Chemicals, ha ottenuto impegni finanziari per la componentedidebito del finanziamento, che e' destinata a completare l'attuale struttura del capitale didebito del Gruppo Italmatch Chemicals. Si prevede che, in seguito all'acquisizione di Bwa edopo aver conseguito le previste sinergie, la leva finanziaria sara' sostanzialmente in linea coni livelli attuali. com/lab (fine) MF-DJ NEWS

10/12/2018Sito Web


Italmatch Chemicals acquires water management firm BWA WaterAdditives

LINK: https://www.icis.com/explore/resources/news/2018/12/10/10293031/italmatch-chemicals-acquires-water-management-firm-bwa-water-additives/

LONDON (ICIS)--Italmatch Chemicals has entered an agreement to acquire BWA WaterAdditives, a provider of water management technologies for the oil and gas, industrial watertreatment and desalination industries, the Genoa, Italy-based company said on Monday. Thecombination of the two firms will allow the development of strategic, commercial andindustrial synergies, Italmatch said. The transaction, financial details of which were notrevealed, is subject to customary regulatory approvals and is expected to close during thefirst quarter of 2019. "This transaction represents a unique opportunity to further increase ourbusiness, enhancing our innovative footprint in the water and process treatment applicationsfield, and to continue the group's growth through high quality, research and development and'best-in-class' technology offerings for the most demanding applications," said Italmatch CEOSergio Iorio. Earlier in 2018, Italmatch Chemicals was acquired by US investment firm BainCapital Private Equity for an undisclosed price.

10/12/2018ICIS News


Bain-backed Italmatch Chemicals buys BWA Water Additives.LINK: https://www.pehub.com/2018/12/bain-backed-italmatch-chemicals-buys-bwa-water-additives/#

Italmatch Chemicals, a Bain Capital Privte Equity portfolio company, said Dec. 10 that itagreed to buy BWA Water Additives. Financial terms weren't announced. BWA WaterAdditives, a provider of sustainable water management solutions for the oil & gas, industrialwater treatment and desalination industries. ITALMATCH CHEMICALS Group enters into anagreement for the acquisition of BWA Water Additives, a premier global provider of specialtywater and oil & gas treatment solutions. The transaction is consistent with ItalmatchChemicals Group's growth strategy and broadens its position as global leader in this business.Genoa - 10th of December 2018 - Italmatch Chemicals, a leading global specialty chemicalgroup focused on the production and marketing of performance additives for water & processtreatment, oil & gas, industrial lubricants and plastics, today announces that it has signed anagreement to acquire BWA Water Additives, a leading global provider of sustainable watermanagement solutions for the oil & gas, industrial water treatment and desalinationindustries. This combination of two highly complementary companies allows the developmentof strategic, commercial and industrial synergies, consistent with the aim of expanding andbroadening Italmatch Chemicals' current production and marketing capabilities for watermanagement chemicals. BWA Water Additives, having more than 40 years experience in themarketing of water & process treatment additives, provides a comprehensive range of highlyspecialized chemical solutions and associated services, which are highly complementary withItalmatch Chemicals' product range, technologies and commercial approach to the fastgrowing water treatment industry. Sergio Iorio, CEO of Italmatch Chemicals Group, stated:"This transaction represents a unique opportunity to further increase our business, enhancingour innovative footprint in the water & process treatment applications field, and to continuethe Group's growth through high quality, research & development and 'best in class'technology offerings for the most demanding applications. We see BWA as the ideal partner,sharing our strategic view to grow through innovative and tailor-made solutions. In addition,BWA complements Italmatch Chemicals' product portfolio with a broad range of biocides forIWT and Oil & Gas applications". The transaction, which is subject to customary regulatoryapprovals, is expected to close during the first quarter of 2019. The transaction is expected tobe financed through a combination of debt of Italmatch and equity. Fire (BC) S.p.A, ItalmatchChemicals' parent company, has obtained commitments for the debt component of thefinancing, which is intended to complement the Italmatch Chemicals Group's existing debtcapital structure. We expect that, following the acquisition of BWA and after giving effect tothe expected synergies to be generated in connection therewith, our senior secured netleverage ratio will be substantially in line with current levels. About Italmatch Group: Foundedin 1997, Italmatch Chemicals, is a leading innovative chemical group, specialized inperformance additives for water treatment, oil & gas, lubricants and plastics, and boasts awide product range able to fulfil the requirements of the most demanding applications,including personal care. The group generates approximately 440 million Euros in pro formasales revenue and operates through seven manufacturing plants in Europe (Italy, Spain,Germany and UK), five in Asia Pacific (China, Japan and India), five in North America (USA)and sales/distribution subsidiaries in Brasil, Belgium, China, Japan, India, Poland, Singaporeand the USA. It employs over 800 workers. Bain Capital Private Equity, a leading globalprivate investment firm, recently acquired the majority of Italmatch Chemicals together with

10/12/2018PE Hub


the management in October 2018.

10/12/2018PE Hub



LINK: https://finance.yahoo.com/news/italmatch-chemicals-group-enters-agreement-161500028.html?guccounter=1


10/12/2018Yahoo! Finance



LINK: https://www.equities.com/news/italmatch-chemicals-group-enters-into-an-agreement-for-the-acquisition-of-bwa-water-additives

GENOA, Italy, Dec. 10, 2018 /PRNewswire/ -- Italmatch Chemicals, a leading global specialtychemical group focused on the production and marketing of performance additives for water &process treatment, oil & gas, industrial lubricants and plastics, today announces that it hassigned an agreement to acquire BWA Water Additives, a leading global provider of sustainablewater management solutions for the oil & gas, industrial water treatment and desalinationindustries. This combination of two highly complementary companies allows the developmentof strategic, commercial and industrial synergies, consistent with the aim of expanding andbroadening Italmatch Chemicals' current production and marketing capabilities for watermanagement chemicals. BWA Water Additives, having more than 40 years experience in themarketing of water & process treatment additives, provides a comprehensive range of highlyspecialized chemical solutions and associated services, which are highly complementary withItalmatch Chemicals' product range, technologies and commercial approach to the fastgrowing water treatment industry. Sergio Iorio, CEO of Italmatch Chemicals Group, stated:"This transaction represents a unique opportunity to further increase our business, enhancingour innovative footprint in the water & process treatment applications field, and to continuethe Group's growth through high quality, research & development and 'best in class'technology offerings for the most demanding applications. We see BWA as the ideal partner,sharing our strategic view to grow through innovative and tailor-made solutions. In addition,BWA complements Italmatch Chemicals' product portfolio with a broad range of biocides forIWT and Oil & Gas applications." The transaction, which is subject to customary regulatoryapprovals, is expected to close during the first quarter of 2019. The transaction is expected tobe financed through a combination of debt of Italmatch and equity. Fire (BC) S.p.A, ItalmatchChemicals' parent company, has obtained commitments for the debt component of thefinancing, which is intended to complement the Italmatch Chemicals Group's existing debtcapital structure. We expect that, following the acquisition of BWA and after giving effect tothe expected synergies to be generated in connection therewith, our senior secured netleverage ratio will be substantially in line with current levels.

10/12/2018Equities.com


Italmatch Chemicals to acquire BWA Water AdditivesLINK: https://www.privateequitywire.co.uk/2018/12/10/271298/italmatch-chemicals-acquire-bwa-water-additives

Italmatch Chemicals, a global speciality chemical group focussed on the production andmarketing of performance additives for water & process treatment, oil & gas, industriallubricants and plastics, is to acquire BWA Water Additives, a global provider of sustainablewater management solutions for the oil & gas, industrial water treatment and desalinationindustries. This combination of two highly complementary companies allows the developmentof strategic, commercial and industrial synergies, consistent with the aim of expanding andbroadening Italmatch Chemicals' current production and marketing capabilities for watermanagement chemicals. BWA Water Additives, having more than 40 years' experience in themarketing of water & process treatment additives, provides a comprehensive range of highlyspecialised chemical solutions and associated services, which are highly complementary withItalmatch Chemicals' product range, technologies and commercial approach to the fastgrowing water treatment industry. Sergio Iorio, CEO of Italmatch Chemicals Group, says:"This transaction represents a unique opportunity to further increase our business, enhancingour innovative footprint in the water & process treatment applications field, and to continuethe Group's growth through high quality, research & development and 'best in class'technology offerings for the most demanding applications. We see BWA as the ideal partner,sharing our strategic view to grow through innovative and tailor-made solutions. In addition,BWA complements Italmatch Chemicals' product portfolio with a broad range of biocides forIWT and Oil & Gas applications". The transaction, which is subject to customary regulatoryapprovals, is expected to close during the first quarter of 2019.

10/12/2018Private Equity Wire


Bain-backed Italmatch Chemicals buys BWA Water Additives.LINK: https://www.acq5.com/post/bain-backed-italmatch-chemicals-buys-bwa-water-additives/

Italmatch Chemicals, a Bain Capital Privte Equity portfolio company, said Dec. 10 that itagreed to buy BWA Water Additives. Financial terms weren't announced. BWA WaterAdditives, a provider of sustainable water management solutions for the oil & gas, industrialwater treatment and desalination industries. ITALMATCH CHEMICALS Group enters into anagreement for the acquisition of BWA Water Additives, a premier global provider of specialtywater and oil & gas treatment solutions. The transaction is consistent with ItalmatchChemicals Group's growth strategy and broadens its position as global leader in this business.Genoa - 10th of December 2018 - Italmatch Chemicals, a leading global specialty chemicalgroup focused on the production and marketing of performance additives for water & processtreatment, oil & gas, industrial lubricants and plastics, today announces that it has signed anagreement to acquire BWA Water Additives, a leading global provider of sustainable watermanagement solutions for the oil & gas, industrial water treatment and desalinationindustries. This combination of two highly complementary companies allows the developmentof strategic, commercial and industrial synergies, consistent with the aim of expanding andbroadening Italmatch Chemicals' current production and marketing capabilities for watermanagement chemicals. BWA Water Additives, having more than 40 years experience in themarketing of water & process treatment additives, provides a comprehensive range of highlyspecialized chemical solutions and associated services, which are highly complementary withItalmatch Chemicals' product range, technologies and commercial approach to the fastgrowing water treatment industry. Sergio Iorio, CEO of Italmatch Chemicals Group, stated:"This transaction represents a unique opportunity to further increase our business, enhancingour innovative footprint in the water & process treatment applications field, and to continuethe Group's growth through high quality, research & development and 'best in class'technology offerings for the most demanding applications. We see BWA as the ideal partner,sharing our strategic view to grow through innovative and tailor-made solutions. In addition,BWA complements Italmatch Chemicals' product portfolio with a broad range of biocides forIWT and Oil & Gas applications". The transaction, which is subject to customary regulatoryapprovals, is expected to close during the first quarter of 2019. The transaction is expected tobe financed through a combination of debt of Italmatch and equity. Fire (BC) S.p.A, ItalmatchChemicals' parent company, has obtained commitments for the debt component of thefinancing, which is intended to complement the Italmatch Chemicals Group's existing debtcapital structure. We expect that, following the acquisition of BWA and after giving effect tothe expected synergies to be generated in connection therewith, our senior secured netleverage ratio will be substantially in line with current levels. About Italmatch Group: Foundedin 1997, Italmatch Chemicals, is a leading innovative chemical group, specialized inperformance additives for water treatment, oil & gas, lubricants and plastics, and boasts awide product range able to fulfil the requirements of the most demanding applications,including personal care. The group generates approximately 440 million Euros in pro formasales revenue and operates through seven manufacturing plants in Europe (Italy, Spain,Germany and UK), five in Asia Pacific (China, Japan and India), five in North America (USA)and sales/distribution subsidiaries in Brasil, Belgium, China, Japan, India, Poland, Singaporeand the USA. It employs over 800 workers. Bain Capital Private Equity, a leading globalprivate investment firm, recently acquired the majority of Italmatch Chemicals together with

10/12/2018ACQ5


the management in October 2018. Cautionary Notice Regarding Forward Looking StatementsThis announcement contains statements reflecting assumptions, expectations, projections,intentions or beliefs about future events that are intended as "forward-looking statements". Anumber of risks and uncertainties could cause our actual results to differ materially fromcurrent projections, forecasts, estimates and expectations relating to us. Any or all of theseforward- looking statements may turn out to be wrong. They can be affected by inaccurateassumptions or by known or unknown risks, uncertainties and other factors, many of whichare beyond our control.

10/12/2018ACQ5



LINK: https://www.bizjournals.com/albany/prnewswire/press_releases/NewYork/2018/12/10/NY97211?ana=prnews

The transaction is consistent with Italmatch Chemicals Group's growth strategy and broadensits position as global leader in this business. Dec 10, 2018, 11:15am EST GENOA, Italy, Dec.10, 2018 /PRNewswire/ -- Italmatch Chemicals, a leading global specialty chemical groupfocused on the production and marketing of performance additives for water & processtreatment, oil & gas, industrial lubricants and plastics, today announces that it has signed anagreement to acquire BWA Water Additives, a leading global provider of sustainable watermanagement solutions for the oil & gas, industrial water treatment and desalinationindustries. This combination of two highly complementary companies allows the developmentof strategic, commercial and industrial synergies, consistent with the aim of expanding andbroadening Italmatch Chemicals' current production and marketing capabilities for watermanagement chemicals. BWA Water Additives, having more than 40 years experience in themarketing of water & process treatment additives, provides a comprehensive range of highlyspecialized chemical solutions and associated services, which are highly complementary withItalmatch Chemicals' product range, technologies and commercial approach to the fastgrowing water treatment industry. Sergio Iorio, CEO of Italmatch Chemicals Group, stated:"This transaction represents a unique opportunity to further increase our business, enhancingour innovative footprint in the water & process treatment applications field, and to continuethe Group's growth through high quality, research & development and 'best in class'technology offerings for the most demanding applications. We see BWA as the ideal partner,sharing our strategic view to grow through innovative and tailor-made solutions. In addition,BWA complements Italmatch Chemicals' product portfolio with a broad range of biocides forIWT and Oil & Gas applications." The transaction, which is subject to customary regulatoryapprovals, is expected to close during the first quarter of 2019. The transaction is expected tobe financed through a combination of debt of Italmatch and equity. Fire (BC) S.p.A, ItalmatchChemicals' parent company, has obtained commitments for the debt component of thefinancing, which is intended to complement the Italmatch Chemicals Group's existing debtcapital structure. We expect that, following the acquisition of BWA and after giving effect tothe expected synergies to be generated in connection therewith, our senior secured netleverage ratio will be substantially in line with current levels.

10/12/2018Albany Business Review


Italmatch Chemicals Group Enters Into An Agreement For TheAcquisition Of BWA Water Additives

LINK: https://www.wateronline.com/doc/italmatch-chemicals-group-enters-into-an-agreement-bwa-water-additives-0001

The transaction is consistent with Italmatch Chemicals Group's growth strategy and broadensits position as global leader in this business. Genoa, Italy /PRNewswire/ - ItalmatchChemicals, a leading global specialty chemical group focused on the production and marketingof performance additives for water & process treatment, oil & gas, industrial lubricants andplastics, today announces that it has signed an agreement to acquire BWA Water Additives, aleading global provider of sustainable water management solutions for the oil & gas, industrialwater treatment and desalination industries. This combination of two highly complementarycompanies allows the development of strategic, commercial and industrial synergies,consistent with the aim of expanding and broadening Italmatch Chemicals' current productionand marketing capabilities for water management chemicals. BWA Water Additives, havingmore than 40 years experience in the marketing of water & process treatment additives,provides a comprehensive range of highly specialized chemical solutions and associatedservices, which are highly complementary with Italmatch Chemicals' product range,technologies and commercial approach to the fast growing water treatment industry. SergioIorio, CEO of Italmatch Chemicals Group, stated: "This transaction represents a uniqueopportunity to further increase our business, enhancing our innovative footprint in the water& process treatment applications field, and to continue the Group's growth through highquality, research & development and 'best in class' technology offerings for the mostdemanding applications. We see BWA as the ideal partner, sharing our strategic view to growthrough innovative and tailor-made solutions. In addition, BWA complements ItalmatchChemicals' product portfolio with a broad range of biocides for IWT and Oil & Gasapplications." The transaction, which is subject to customary regulatory approvals, isexpected to close during the first quarter of 2019. The transaction is expected to be financedthrough a combination of debt of Italmatch and equity. Fire (BC) S.p.A, Italmatch Chemicals'parent company, has obtained commitments for the debt component of the financing, whichis intended to complement the Italmatch Chemicals Group's existing debt capital structure.We expect that, following the acquisition of BWA and after giving effect to the expectedsynergies to be generated in connection therewith, our senior secured net leverage ratio willbe substantially in line with current levels.

10/12/2018Water online


Italmatch C.: accordo per acquisire BwaLINK: https://finanza-24h.com/italmatch-c-accordo-per-acquisire-bwa/

Italmatch Chemicals, gruppo chimico internazionale, ha siglato un accordo per l'acquisizionedi Bwa Water Additives, fornitore leader a livello mondiale di soluzioni per i settori oil & gas,trattamento acque ad uso industriale e desalinizzazione. L'integrazione di queste due società,spiega una nota, consente lo sviluppo di sinergie strategiche, commerciali e industriali,coerenti con l'obiettivo di espandere e ampliare l'attuale capacità di produzione ecommercializzazione di prodotti chimici destinati al trattamento acque da parte di ItalmatchChemicals. Il termine della transazione, soggetta alle consuete approvazioni normative, èprevisto nel corso del primo trimestre del 2019. Il finanziamento dell'operazione è previstoavvenga attraverso una combinazione di debito e di equity. Fire (BC) S.p.A, societàcontrollante di Italmatch Chemicals, ha ottenuto impegni finanziari per la componente didebito del finanziamento, che è destinata a completare l'attuale struttura del capitale di debitodel Gruppo Italmatch Chemicals. Si prevede che, in seguito all'acquisizione di Bwa e dopoaver conseguito le previste sinergie, la leva finanziaria sarà sostanzialmente in linea con ilivelli attuali.

10/12/2018Finanza-24h.com



LINK: https://www.morningstar.com/news/pr-news-wire/PRNews_20181210NY97211/italmatch-chemicals-group-enters-into-an-agreement-for-the-acquisition-...

Italmatch Chemicals Group enters into an agreement for the acquisition of BWA WaterAdditives The transaction is consistent with Italmatch Chemicals Group's growth strategy andbroadens its position as global leader in this business. PR Newswire GENOA, Italy, Dec. 10,2018 GENOA, Italy, Dec. 10, 2018 /PRNewswire/ -- Italmatch Chemicals, a leading globalspecialty chemical group focused on the production and marketing of performance additivesfor water & process treatment, oil & gas, industrial lubricants and plastics, today announcesthat it has signed an agreement to acquire BWA Water Additives, a leading global provider ofsustainable water management solutions for the oil & gas, industrial water treatment anddesalination industries. This combination of two highly complementary companies allows thedevelopment of strategic, commercial and industrial synergies, consistent with the aim ofexpanding and broadening Italmatch Chemicals' current production and marketing capabilitiesfor water management chemicals. BWA Water Additives, having more than 40 yearsexperience in the marketing of water & process treatment additives, provides acomprehensive range of highly specialized chemical solutions and associated services, whichare highly complementary with Italmatch Chemicals' product range, technologies andcommercial approach to the fast growing water treatment industry. Sergio Iorio, CEO ofItalmatch Chemicals Group, stated: "This transaction represents a unique opportunity tofurther increase our business, enhancing our innovative footprint in the water & processtreatment applications field, and to continue the Group's growth through high quality,research & development and 'best in class' technology offerings for the most demandingapplications. We see BWA as the ideal partner, sharing our strategic view to grow throughinnovative and tailor-made solutions. In addition, BWA complements Italmatch Chemicals'product portfolio with a broad range of biocides for IWT and Oil & Gas applications." Thetransaction, which is subject to customary regulatory approvals, is expected to close duringthe first quarter of 2019. The transaction is expected to be financed through a combination ofdebt of Italmatch and equity. Fire (BC) S.p.A, Italmatch Chemicals' parent company, hasobtained commitments for the debt component of the financing, which is intended tocomplement the Italmatch Chemicals Group's existing debt capital structure. We expect that,following the acquisition of BWA and after giving effect to the expected synergies to begenerated in connection therewith, our senior secured net leverage ratio will be substantiallyin line with current levels.

10/12/2018Morningstar.com


Documents

PRESS REVIEW Italmatch Chemicals enters into an agreement ... · Il closing dell'operazione è atteso nel primo trimestre del 2019. Il gruppo ha infatti siglato un accordo per l'acquisizione