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Avient Announces Agreement To Acquire Dsm Protective Materials (Dyneema®) And Plans To Explore Sale Of Distribution

Apr 20, 2022•over 3 years ago

Acquiring Company

Avient

Acquired Company

DSM Protective Materials

Avon Lake

Description

Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, today announced that it has entered into an agreement with Royal DSM ("DSM") to purchase the DSM Protective Materials business (including the Dyneema® brand) (the "Dyneema business"). The purchase price of $1.485 billion is subject to certain customary adjustments. In conjunction with this proposed acquisition, Avient has also announced that it plans to explore sale options for its Avient Distribution business.

Company Information

Company

Avient

Location

Avon Lake, Ohio, United States

About

Welcome to a new kind of materials company. The world is changing in amazing and dynamic ways, demanding a new generation of specialized and sustainable material solutions that deliver on the promise of innovation and help to protect the planet. That's where Avient comes in. We’re born of the collective power of both well-established technologies and continually emerging innovation. Joining these qualities together accelerates our evolution into a specialty formulator of sustainable solutions and a Great Place to Work®. We are more than the sum of our parts. Together we transform customer challenges into opportunities, bringing new products to life for a better world.

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M&A Insights

Based on deal data
Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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Success factor
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