In this edition of European Chemicals Update from Kroll Corporate Finance, we evaluate current trends for key raw materials, prevailing investor sentiment and valuation developments in the featured pharma chemicals sub-sector.

European Chemicals Update – Q4 2021

Top Insights
  • Key raw materials prices in the chemicals sector continued to increase in Q3 2021 driven mainly by growing seasonality-induced demand and OPEC+ countries continuing to keep supply tight.
  • Next, the ifo Business Climate Index for the German chemical industry remained positive in Q3 2021, with both current conditions and expectations on performance remaining positive. This indicates that German companies have strong confidence in current business activities and remain optimistic about the near future.
  • Finally, in the pharma chemical sub-sector, featured companies showed an increase in market capitalization at various degrees. Top performers, including Merck KGaA and Lonza Group Ltd, generated over 50% and 26% share price gains in the last 12 months respectively while share price of Novozymes A/S increased approximately by 11%.
European Chemicals Update – Q4 2021 /en/insights/publications/m-and-a/european-chemicals-update-q4-2021 /-/media/kroll/images/publications/featured-images/european-chemicals-update-q4-2021.jpg 2022-01-25T00:00:00.0000000 publication {1F8452CE-BB02-4541-A705-86D25933687E}{22071366-6F45-4C04-8261-CDFA24749510}{9BFE6389-B110-4433-9125-8B307DFA907B}{A60877A4-2248-456C-B8DE-728B8C4124FC}{CA601B88-1E91-4803-A6A4-ECC35D220DCC}{612AFC91-99B8-46FE-AEAF-8C0F5DE0126A}{6415C1B3-FCD5-4FA8-BAC0-96774FEA4242}{170088C8-830B-4C38-BC1D-E375A677EEDC}{796A58E9-D284-46A9-96EC-56B0D27685A6} {22F009F2-F6F1-44DF-81D4-4C20048B2998} {70E25357-B690-49B8-948F-958DAD26DCD4}{2DEEE4D2-8278-4C50-B3FF-1563BB257804}

Stay Ahead with Kroll

Corporate Finance and Restructuring

Comprehensive investment banking, corporate finance, restructuring and insolvency services to investors, asset managers, companies and lenders.

M&A Advisory

Kroll Corporate Finance supports companies and their advisors through every stage of M&A.

Industrials M&A

Industrials expertise for middle-market M&A transactions.

Transaction Advisory Services

Kroll’s Transaction Advisory Services is unencumbered by audit independence concerns and offers seamless analytical service throughout the deal continuum.

Fairness and Solvency Opinions

Duff & Phelps Opinions practice helps boards of directors and special committees formed by boards fulfill their fiduciary responsibilities when considering many corporate transactions.

Financial Sponsors Group

Dedicated coverage and access to M&A deal-flow for financial sponsors.

Distressed M&A and Special Situations

Kroll professionals have advised hundreds of companies, investors and other stakeholders at all stages of distressed transactions and special situations.

Private Capital Markets – Debt Advisory

Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.

Valuation Advisory Services

Valuation of businesses, assets and alternative investments for financial reporting, tax and other purposes.