Chapter 30. Leveraged Buyout Transactions – Challenges and Learnings

  1. Dr. Florian Budde Director2,
  2. Prof. Dr. Utz-Hellmuth Felcht Chairman of the Board of Management (CEO)3 and
  3. Dr. Heiner Frankemölle Director4
  1. Dr. Achim Berg2,
  2. Dr. Florian Budde2 and
  3. Bernd Heinemann1

Published Online: 7 FEB 2008

DOI: 10.1002/9783527612246.ch30

Value Creation: Strategies for the Chemical Industry, Second Edition

Value Creation: Strategies for the Chemical Industry, Second Edition

How to Cite

Berg, A., Budde, F. and Heinemann, B. (2005) Leveraged Buyout Transactions – Challenges and Learnings, in Value Creation: Strategies for the Chemical Industry, Second Edition (eds F. Budde, U.-H. Felcht and H. Frankemölle), Wiley-VCH Verlag GmbH & Co. KGaA, Weinheim, Germany. doi: 10.1002/9783527612246.ch30

Editor Information

  1. 2

    McKinsey & Company, Inc., Taunustor 2, 60311 Frankfurt/M., Germany

  2. 3

    Degussa AG, Bennigsenplatz 1, 40474 Düsseldorf, Germany

  3. 4

    McKinsey & Company, Inc., Magnusstrasse 11, 50672 Cologne, Germany

Author Information

  1. 1

    McKinsey & Company, Inc., Prinzregentenstr. 22, 80538 Munich, Germany

  2. 2

    McKinsey & Company, Inc., Taunustor 2, 60311 Frankfurt/M., Germany

Publication History

  1. Published Online: 7 FEB 2008
  2. Published Print: 25 NOV 2005

ISBN Information

Print ISBN: 9783527312665

Online ISBN: 9783527612246

SEARCH

Keywords:

  • chemical industry;
  • leveraged buyout transactions;
  • chemical sector LBOs;
  • value generation;
  • learnings for chemical industry;
  • learnings for buyout firms

Summary

This chapter contains sections titled:

  • Chemical Sector LBOs Show No Sign of Abating

  • Understanding Value Generation in Chemical Buyouts

    • Timing: Three Phases of a Buyout

    • Value Generation Mechanisms

    • Sources of Value Generation

  • Learnings for the Chemical Industry

  • Learnings for Buyout Firms

    • Good Deals Are Getting Harder to Find

    • Exiting Through the Right Door

    • Time to Stand Out From the Crowd

  • Summary