Hexion Inc.
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Hexion Inc. - overview
Established
2005
Location
Columbus, OH, US
Primary Industry
Chemicals
About
Hexion Inc. is a global leader in specialty chemicals, providing advanced materials and chemical solutions tailored to industries such as construction and manufacturing. Their expertise ensures enhanced safety and efficiency in diverse applications. Hexion Inc.
was founded in 2005 and is headquartered in Columbus, US. The company focuses on specialty chemicals and materials, offering innovative solutions across various industries. In December 2021, American Securities acquired Hexion Inc. for USD 2.
06 billion, enabling further growth initiatives. The company has successfully completed three deals since its inception, with the latest deal occurring in December 2021. Sam Conzone serves as the CEO of Hexion Inc. Hexion specializes in the development and supply of advanced materials and chemicals for industries, particularly in building and construction.
Their core product offerings consist of engineered wood adhesives, specialty resins, and chemical intermediates such as methylene diphenyl diisocyanate (MDI) and amino resins. These products aim to enhance safety, efficiency, and environmental responsibility in construction projects. Hexion’s solutions cater to a diverse client base, including construction companies, furniture manufacturers, and agricultural businesses across North America, Europe, and Asia-Pacific, leveraging decades of industry expertise to meet operational needs and facilitate innovative approaches. In the most recent year, Hexion generated revenue of USD 2.
51 bn and an EBITDA of USD 127 mn. The company primarily earns its revenue through direct sales of specialized chemicals and materials to various sectors, utilizing a B2B model that establishes partnerships with large-scale clients, ensuring consistent demand for its flagship products. Hexion plans to launch new products and expand its market reach following the acquisition by American Securities in December 2021. The investment will support the company's growth strategy, enabling them to enhance their product offerings and enter new geographic markets.
Specific details on upcoming product releases and targeted regions for expansion are currently under development.
Current Investors
American Securities
Primary Industry
Chemicals
Sub Industries
Adhesives & Sealants, Petrochemicals, Paints & Coatings, Commodity Chemicals
Website
www.hexion.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Hexion Inc. - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 5,207,000,000 | 4,756,000,000 | 4,890,000,000 | 5,137,000,000 | 4,140,000,000 | 3,438,000,000 | 3,591,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | (8.7%) | 2.8% | 5.1% | (19.4%) | (17.0%) | 4.5% | - | - | - |
| EBITDA (USD) | 536,000,000 | 355,000,000 | 157,000,000 | 342,000,000 | 397,000,000 | 375,000,000 | 243,000,000 | - | - | - |
| Operating Income (USD) | 368,000,000 | 202,000,000 | 9,000,000 | 198,000,000 | 260,000,000 | 244,000,000 | 112,000,000 | - | - | - |
| Operating Margin | 7.1% | 4.2% | 0.2% | 3.9% | 6.3% | 7.1% | 3.1% | - | - | - |
| % EBITDA Margin | 10.3% | 7.5% | 3.2% | 6.7% | 9.6% | 10.9% | 6.8% | - | - | - |
| NET Income (USD) | 118,000,000 | 324,000,000 | (633,000,000) | (148,000,000) | (39,000,000) | (38,000,000) | (234,000,000) | - | - | - |
| % Net Margin | 2.3% | 6.8% | (12.9%) | (2.9%) | (0.9%) | (1.1%) | (6.5%) | - | - | - |
Hexion Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | SMARTECH | - | ||||||||
| Buyout | Completed | Hexion Inc. | - | ||||||||
| Corporate Carve Out | Completed | Bakelite Synthetics | - | ||||||||
| Bankruptcy/Write-off | Completed | MPM Holdings Inc. | - | ||||||||
| Bankruptcy/Write-off | Completed | Hexion Inc. | - |
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Hexion Inc. - employee data
Hexion Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member Board Of Directors | BM |
BM Board Member
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