Seastar Chemicals Inc

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Seastar Chemicals Inc - overview

Established

1987

Location

-, BC, Canada

Primary Industry

Chemicals

About

Seastar Chemicals Inc specializes in providing high-purity chemical solutions for the semiconductor and electronic industries, focusing on electronic-grade substances and critical manufacturing processes. Founded in 1987 in Canada, Seastar Chemicals Inc develops high-purity chemical solutions for various applications, particularly in semiconductor manufacturing. The company was acquired by VWR International in January 2017, though specific financial terms were not disclosed. Seastar Chemicals specializes in high-purity chemical solutions primarily tailored for the semiconductor and electronic industries.


Their core product offerings include electronic-grade semiconductor products, trace metal analysis products, and high-purity acids and bases, which are utilized in various applications such as device fabrication and material processing. The company’s products, including acetic acid, hydrochloric acid, and sulfuric acid, are specifically designed to meet stringent quality requirements in critical manufacturing processes. Seastar’s client base includes semiconductor manufacturers and research institutions located in key global markets, including North America, Europe, and Asia, highlighting their commitment to supporting advanced technology development and innovation. Seastar Chemicals generates revenue through direct sales of its chemical products to businesses and institutions, with a strong emphasis on B2B transactions.


The sales structure involves partnerships with various distributors and direct transactions with clients, enabling a streamlined supply chain for their high-purity chemicals. The company employs a pricing model reflective of the specialized nature of its products, which are tailored to meet industry standards and regulatory requirements. Flagship offerings, including their BASELINE® series for trace metal analysis and electronic-grade solvents, cater to the needs of their discerning clientele. The revenue model ensures that Seastar remains competitive in the international market while addressing the specific needs of its customer base in cutting-edge sectors.


Seastar Chemicals plans to expand its product line by introducing new electronic-grade chemical solutions designed to meet evolving industry standards. Targeted markets for expansion include regions in Asia and Europe by 2022, leveraging recent funding to enhance production capacity and improve distribution channels. The acquisition by VWR International is expected to provide additional resources and support for these growth initiatives, allowing Seastar to strategically increase its global presence.


Current Investors

VWR International, Inc.

Primary Industry

Chemicals

Sub Industries

Chemicals

Website

www.seastarchemicals.com

Company Stage

Add-on

Total Amount Raised

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Seastar Chemicals Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSeastar Chemicals Inc-

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