RASSEGNA STAMPA - Italmatch Chemicals · 07/06/2016 HIS Chemical Week ITALMATCH CHEMICALS - Rassegna Stampa 01/06/2016 - 27/06/2016 5

RASSEGNA STAMPA

UK

giugno 2016

INDICE

ITALMATCH CHEMICALS

07/06/2016 ICIS News

Italy's Italmatch acquires US Compass Chemical for undisclosed sum4

07/06/2016 HIS Chemical Week

Italy-based firm acquires Compass Chemical5

07/06/2016 Hydrocarbon Processing

Italmatch Chemicals acquires Compass Chemical Intl.6

07/06/2016 Chemical Logistics

Italmatch Chemicals acquires Compass Chemical Intl.7

08/06/2016 ChemEurope

Italmatch Chemicals aquires Compass Chemicals8

08/06/2016 Fuels and Lubes Daily

Italmatch Chemicals acquires Compass Chemical9

09/06/2016 Speciality Chemicals Magazine

Italmatch acquires Compass Chemical10

09/06/2016 Global Water Intelligence

Italmatch moves the needle west with Compass buy11

09/06/2016 ICIS News

News in brief12

10/06/2016 Desalination & Water Reuse Quarterly

Italmach acquires Compass, adds manufacturing base in North America16

13/06/2016 Process Worldwide

Italmatch Chemicals Acquired Compass Chemical International17

13/06/2016 ICIS Chemical Business

Italmatch acquires US Compass Chemical18

24/06/2016 Global Water Intelligence - GIUGNO 2016

Italmatch expands its global manufacturing base with Compass acquisition19

ITALMATCH CHEMICALS

13 articoli

07/06/2016ICIS News

4ITALMATCH CHEMICALS - Rassegna Stampa 01/06/2016 - 27/06/2016

07/06/2016HIS Chemical Week


Italmatch Chemicals acquires Compass Chemical Intl. http://www.hydrocarbonprocessing.com/Article/3560521/Latest-News/ Italmatch -Chemicals-acquires-Compass-Chemical-Intl.html

Italmatch Group will consolidate its presence in the American market with an important manufacturing site

that will continue to produce the Dequest product line and Compass' Mayoquest brand of products.

Italmatch Chemicals, a leading global specialty chemicals group, has acquired 100% of Compass Chemical

Intl., a North American independent chemical company active in the production and marketing of

phosphonates and additives for water treatment and for the oil and gas market, from US private equity firm

One Rock Capital Partners LLC. This is the third acquisition in the water treatment industry by Italmatch

since Ardian became the major shareholder in June 2014, and falls into the company's growth strategy

through acquisitions aimed at establishing Italmatch as a leading global player in its market sectors.

Italmatch acquired GRS Chemical Technologies S.r.l., a company active in the production of soluble

polymers for water treatments and additives for combustion, in December 2014, and Solvay's desalination,

phosphonates and phosphonic acid-based water additives business in January 2016. Italmatch Chemicals

is a chemicals group specializing in performance additives for lubricants, water and oil treatment, and

plastics, and boasts a wide range of specialty chemicals able to fulfill the requirements of the most

demanding applications. It operates six manufacturing plants in Europe (Italy, Spain, Germany and the UK)

and four in Asia-Pacific (China and Japan), with sales/distribution subsidiaries in Belgium, Poland, Japan,

Singapore, India, China and the US.

07/06/2016Hydrocarbon Processing

ITALMATCH CHEMICALS - Rassegna Stampa 01/06/2016 - 27/06/2016 6

Italmatch Chemicals acquires Compass Chemical Intl. http://chemicallogistics.guru/2016/06/ italmatch -chemicals-acquires-compass-chemical-intl/#

Italmatch Group will consolidate its presence in the American market with an important manufacturing site

that will continue to produce the Dequest product line and Compass' Mayoquest brand of products.

Keywords: Italmatch Chemicals, a leading global specialty chemicals group, has acquired 100% of

Compass Chemical Intl., a North American independent chemical company active in the production and

marketing of phosphonates and additives for water treatment and for the oil and gas market, from US

private equity firm One Rock Capital Partners LLC. This is the third acquisition in the water treatment

industry by Italmatch since Ardian became the major shareholder in June 2014, and falls into the

company's growth strategy through acquisitions aimed at establishing Italmatch as a leading global player

in its market sectors. Italmatch acquired GRS Chemical Technologies S.r.l., a company active in the

production of soluble polymers for water treatments and additives for combustion, in December 2014, and

Solvay's desalination, phosphonates and phosphonic acid-based water additives business in January 2016.

Italmatch Chemicals is a chemicals group specializing in performance additives for lubricants, water and oil

treatment, and plastics, and boasts a wide range of specialty chemicals able to fulfill the requirements of the

most demanding applications. It operates six manufacturing plants in Europe (Italy, Spain, Germany and

the UK) and four in Asia-Pacific (China and Japan), with sales/distribution subsidiaries in Belgium, Poland,

Japan, Singapore, India, China and the US.

07/06/2016Chemical Logistics


Italmatch Chemicals aquires Compass Chemicals http://www.chemeurope.com/en/news/158417/ italmatch -chemicals-aquires-compass-chemicals.html

Italmatch Chemicals, a global specialty chemicals group, acquired 100% of Compass Chemical

International, a North American independent chemical company active in the production and marketing of

phosphonates and additives for water treatment and for the oil & gas market. Thanks to this acquisition,

Italmatch Group will consolidate its presence in the American market, with an important manufacturing site

which will continue to produce Compass' Mayoquest brand of products. It will also be expanding its water

treatment product range, thus strengthening the leading global role of the DequestR brand in a highly

strategic business segment. This is the third acquisition in the water treatment industry by Italmatch since

Ardian became the major shareholder in June 2014, and falls into the company's growth strategy through

acquisitions, aimed at establishing Italmatch as a leading global player in its market sectors. Italmatch

acquired GRS Chemical Technologies S.r.l., a company active in the production of soluble polymers for

water treatments and additives for combustion, in December 2014 and Solvay's desalination, phosphonates

and phosphonic acid-based water additives business in January 2016. Sergio Iorio, CEO of Italmatch

Chemicals, has stated: "Thanks to this transaction we will expand our product range for the Water

Treatment markets and will noticeably increase our presence in the oil & gas industries. This will be

possible also thanks to the presence of Compass in Texas, benefiting from the high reputation of Compass

Chemical International along with its excellent track record, its strong customer loyalty, and its exceptional

ability to continuously develop new products and applications". Yann Chareton, Managing Director of the

Mid Cap Buyout team of Ardian, added: "The overseas acquisition of Compass represents a further

important step in the strategy of development and in the internationalization of Italmatch, undertaken with

Ardian. Our aim is to guide our portfolio companies in a growth path on a global scale, creating value for

every stakeholder. Along with Italmatch and its excellent management, two years after the investment we

can confirm that the big development opportunities that Ardian had foreseen have been taken, and we still

see significant growth margins for a group that represents Italian industrial excellence".

08/06/2016ChemEurope


Italmatch Chemicals acquires Compass Chemical http://fuelsandlubes.com/ italmatch -chemicals-acquires-compass-chemical/

Italmatch Chemicals, based in Genoa, Italy, a leading global chemicals group specializing in the

manufacturing and marketing of performance additives for lubricants, water and process treatment, and oil

and plastics, has acquired 100% of Compass Chemical International, LLC, a leading North American

company involved in the production and marketing of organophosphonates, polymers and other specialty

additives /services for water treatment and oil and gas applications. The seller was One Rock Capital

Partners LLC. The financial terms were not disclosed. Founded in 1999, Compass Chemical International,

LLC has a plant in Smyrna, Ga., and a blending and warehouse facility located in Huntsville, Texas,

dedicated mainly to serving the oil and gas industry. The acquisition, completed through its subsidiary

Italmatch USA Corporation, will enable Italmatch to operate in the Americas markets through its own

manufacturing facility which will produce the leading global Dequest product line, while continuing to

produce Compass' Mayoquest brand of products. This transaction is consistent with Italmatch Chemicals

Group's growth strategy to further strengthen the company's position as a leading global supplier of

specialty water management additives and associated services. It follows the acquisitions of GRS Chemical

Technologies in December 2014, a centre of excellence specializing in the production of Low/High MW

polymers and additives for heavy fuel oils, and more recently of Solvay's desalination and

phosphonates/phosphonic acid-based water additives business. "The acquisition of Compass Chemical

International strengthens our presence in the Americas markets in a strategic market segment, where we

plan to keep investing in order to consolidate our position among the leading global players," said Sergio

Iorio, CEO of Italmatch. Iorio said that the acquisition will also enable Italmatch to expand its product range

for the water treatment markets, as well as increase its presence in the oil and gas industries in North

America. "This will be possible due to the presence of Compass in Texas, benefiting from the reputation of

Compass Chemical International with its excellent track record, its strong customer loyalty, and its

exceptional ability to develop new products for a wide range of applications." Italmatch is owned by Ardian,

the largest European independent private investment company. Italmatch generates EUR 340 million (USD

386 million) in revenues and operates through six manufacturing plants in Europe (Italy, Spain, Germany

and UK) and four in Asia Pacific (China and Japan), and has sales/distribution subsidiaries in Belgium,

Poland, Japan, Singapore, India, China and the USA.

08/06/2016Fuels and Lubes Daily


Italmatch acquires Compass Chemical http://www.specchemonline.com/news/ italmatch -acquires-compass-chemical

Italmatch Chemicals, a speciality chemicals producer based in Italy, has acquired Compass Chemical

International, which it described "as the most important North American independent chemical company

active in the production and marketing of phosphonates and additives for water treatment and for the oil

and gas market". The company said that this will consolidate its presence in the North American market,

giving it a new manufacturing site in Texas that will continue to produce Compass's Mayoquest brand of

products. It will also be expanding its own range, bringing the Dequest brand into the US, while also

"noticeably increasing" its oil and gas presence, according to CEO Sergio Iorio. Italmatch has been owned

by a US private equity firm Ardian since June 2014. Another, One Rock Capital Partners, had hitherto

owned Compass. Since itself being acquired, Italmatch had also bought GRS Chemical Technologies, a

compatriot active in the production of soluble polymers for water treatments and additives for combustion,

and Solvay's desalination, phosphonates and phosphonic acid-based water additives business. "Our aim is

to guide our portfolio companies in a growth path on a global scale, commented Yann Chareton, managing

director of the Mid Cap Buyout team of Ardian. He added that the "big development opportunities" Ardian

foresaw when it first bought Italmatch have been fulfilled and "we still see significant growth margins for a

group that represents Italian industrial excellence".

09/06/2016Speciality Chemicals Magazine


Italmatch moves the needle west with Compass buy https://www.globalwaterintel.com/news/2016/23/ italmatch -moves-the-needle-west-with-compass-buy

Italmatch Chemicals continued its acquisitive streak earlier this week by picking up leading North American

water additives supplier Compass Chemical International. The deal will globalise Italmatch's manufacturing

base by adding US sites to its existing European and Asian manufacturing platform, CEO Sergio Iorio

explained to GWI. In an era of increasing commoditisation and cheap Chinese chemical imports, Italmatch

is seeking to differentiate itself by moving more towards specialty chemical applications. The acquisition of

Compass will strengthen Italmatch's position in the anti-scalants market - including reverse osmosis

applications - whilst giving the group its first exposure to the biocides market. It also brings an expanded

presence in the oil and gas market through a blending facility in Texas. The acquisition of Compass follows

on the heels of Italmatch's purchases of GRS Chemical Technologies in 2014 and Solvay's water additives

business earlier this year, which saw the group's annual revenues rise to €280 million.

09/06/2016Global Water Intelligence


09/06/2016ICIS News


09/06/2016ICIS News


09/06/2016ICIS News


09/06/2016ICIS News


Italmach acquires Compass, adds manufacturing base in North America http://www.desalination.biz/news/news_story.asp?id=8451&channel=0&title=Italmach+acquires+Compass%2C+adds+manufacturing+base+in+North+America

Italmach Chemicals has acquired Compass Chemical International, adding a strategically important site in

Texas that it hopes will support its growth in the oil and gas industry. The deal also broadens Italmach's

product portfolio to include biocides for the first time, and expands its range of corrosion inhibitors.

"Compass is very strong in, and committed to oil and gas, which is a strategic sector for us," said Sergio

Iorio, chief executive of Italmach. "The market is quiet in recent years, however we think that it has now

reached a plateau, and we can only see a recovery in the medium term, which will be leveraged through the

Compass acquisition." Italmach's water additives business generates annual revenue "in the range of $150

million," said Iorio, of which oil and gas accounts for 25 to 30 per cent, a share that it aims to grow. Through

the deal, Italmach gains a manufacturing base in North America for the first time, with plants in Georgia and

Texas adding to the group's existing manufacturing operations in Europe and Asia Pacific. Compass is an

independent producer of phosphonates and additives for water treatment and for the oil and gas market,

and is known for the Mayoquest brand, which will continue. "Manufacturing in the US is what we were

missing - this acquisition makes us a global manufacturer," said Iorio. "The Compass plant is very flexible,

and our plan is to transfer manufacturing of some of our products that are currently imported from Europe

into the US, to be more competitive and closer to the user." Iorio hopes that the tie-up will also bring

benefits to Compass, particularly through a greater emphasis on research and development. "Compass will

benefit from the large research and development activity that Italmach has in Europe. The aim is to transfer

such activity and to have a local North American research centre in Georgia, which Compass has on a

small scale, but it will definitely benefit from the innovation that we are bringing," said Iorio. Italmach's

applicative laboratory in Milan, Italy, has the facilities to test finished formulations in a water system and in

an oil and gas system, and is "close to some important developments in the field of high temperature anti-

scale additives for deep oil and gas drilling," Iorio added. The latest deal follows a string of earlier moves by

Italmach to grow its offer in water additives. In January 2016, it finalised the acquisition of Solvay's water

additives and desalination business, securing a position in thermal desalination, where previously it had

played only in reverse osmosis. In 2014, it bought GRS Chemical Technologies, the water soluble polymers

plant and business of GE Water. Its initial entry into water additives was through the acquisition of Dequest

in 2012. Private investment firm Ardian took a majority stake in Italmach in 2014, and has backed the global

specialty chemicals group's acquisitions-led growth.

10/06/2016Desalination & Water Reuse Quarterly


Italmatch Chemicals Acquired Compass Chemical International http://www.process-worldwide.com/ italmatch -chemicals-acquired-compass-chemical-international-a-538257/

Italy/USA: Growth Strategy through Acquisition With the acquisition of Compass Chemical International

from US private equity firm One Rock Capital Partners, Italmatch Group intends to consolidate its presence

in the American market. Milan/Italy - Compass Chemical International is a North American chemical

company active in the production and marketing of phosphonates and additives for water treatment and for

the oil & gas market, with an important manufacturing site which will continue to produce Compass'

Mayoquest brand of products after the acquisition. This is the third acquisition in the water treatment

industry by Italmatch since Ardian became the major shareholder in June 2014, and falls into the

company's growth strategy through acquisitions. The Italian company acquired GRS Chemical

Technologies, a company active in the production of soluble polymers for water treatments and additives for

combustion, in December 2014 and Solvay's desalination, phosphonates and phosphonic acid-based water

additives business in January 2016. Sergio Iorio, CEO of Italmatch Chemicals, has stated: "Thanks to this

transaction we will expand our product range for the Water Treatment markets and will noticeably increase

our presence in the oil & gas industries. This will be possible also thanks to the presence of Compass in

Texas, benefiting from the high reputation of Compass Chemical International along with its excellent track

record, its strong customer loyalty, and its exceptional ability to continuously develop new products and

applications". Yann Chareton, Managing Director of the Mid Cap Buyout team of Ardian, added: "The

overseas acquisition of Compass represents a further important step in the strategy of development and in

the internationalization of Italmatch, undertaken with Ardian".

13/06/2016Process Worldwide


13/06/2016ICIS Chemical Business


24/06/2016Ed. GIUGNO 2016 Global Water Intelligence


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RASSEGNA STAMPA - Italmatch Chemicals · 07/06/2016 HIS Chemical Week ITALMATCH CHEMICALS - Rassegna Stampa 01/06/2016 - 27/06/2016 5