Momentive Specialty Chemical's North American Composites and Coatings Business
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Momentive Specialty Chemical's North American Composites and Coatings Business - overview
Established
1857
Location
Columbus, OH, US
Primary Industry
Chemicals
About
Momentive Specialty Chemical's North American Composites and Coatings Business is dedicated to providing advanced materials and solutions for various industries, enhancing product performance and durability across sectors like automotive, electronics, and healthcare. Founded in 1857 in Columbus, US, Momentive specializes in advanced materials. The company has undergone transformations in its business strategy over time. Currently, it operates as a significant segment of a larger organization, catering to various markets globally.
The CEO is Sam Conzone. Momentive specializes in providing advanced materials and solutions that cater to a diverse range of industries, including automotive, electronics, healthcare, and energy. The company's core offerings include high-performance silicones, adhesives, and sealants designed to enhance product durability and performance. These products serve various end-use cases, such as improving the reliability of electronic devices, enabling high-temperature performance in automotive applications, and providing medical-grade solutions for healthcare products.
Momentive's solutions are utilized by a broad spectrum of customers, including manufacturers and OEMs, across key geographical markets such as North America, Europe, and Asia-Pacific. The company emphasizes innovation in its product development, ensuring that its offerings meet the evolving needs of its global client base. Momentive generates revenue primarily through business-to-business transactions, with a reported revenue of USD 230. 00 mn for the year 2011.
Clients engage with Momentive based on the specific requirements of their projects, with pricing reflective of the complexity and performance characteristics of the products chosen. Key products, such as their advanced silicone formulations, serve as trademarked offerings that underscore Momentive's commitment to quality and innovation. This focus on high-performance materials positions Momentive to maintain strong relationships within its industry, contributing to sustained revenue generation through its established client partnerships. Momentive Specialty Chemical's North American Composites and Coatings Business is poised to expand its market presence and enhance its product offerings.
The company plans to design and launch several new products aimed at addressing specific industry needs. Expansion efforts are targeted at entering new markets across North America and Europe by the end of 2023. Recent activities indicate a strategic shift, as evidenced by Investindustrial's exit from its stake in the business, although the financial terms of this deal were not disclosed.
Primary Industry
Chemicals
Sub Industries
Paints & Coatings
Website
ww2.momentive.com
Total Amount Raised
Subscriber access only
Momentive Specialty Chemical's North American Composites and Coatings Business - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Momentive Specialty Chemical's North American Composites and Coatings Business | - | ||||||||
| Unspecified Exit | Completed | Momentive Specialty Chemical's North American Composites and Coatings Business | - |
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