Kirkland Steers $300M Tie-Up Of Specialty Chemicals Cos.

Law360 (March 16, 2020, 2:05 PM EDT) -- Specialty chemicals company Huntsman said Monday it will acquire fellow chemicals company CVC Thermoset Specialties for $300 million in a deal guided by Kirkland & Ellis LLP.

Texas-based Huntsman Corp. said CVC's technology was complementary to its own and would help Huntsman bolster its position in North American markets. Ohio and New Jersey-based CVC Thermoset Specialties focuses on manufacturing adhesives and coatings for aerospace, automotive, construction and electronics industries, according to its website.

"[The deal] brings valuable complementary technology breadth to our Advanced Materials portfolio and its unique products will make systems using our class-leading epoxy-based materials even tougher, stronger and...

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