M&A Deal Summary

Avient Acquires DSM - Protective Materials Business

On April 20, 2022, Avient acquired plastics company DSM - Protective Materials Business from Koninklijke DSM for 1.4B EUR

Acquisition Highlights
  • This is Avient’s 15th transaction in the Plastics sector.
  • This is Avient’s largest (disclosed) transaction.
  • This is Avient’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2022-04-20
Target DSM - Protective Materials Business
Sector Plastics
Buyer(s) Avient
Sellers(s) Koninklijke DSM
Deal Type Divestiture
Deal Value 1.4B EUR

Target

DSM - Protective Materials Business

Heerlen, Netherlands
DSM's Protective Materials Business provides the development of ultra-strong bio-based and circular materials.

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Buyer(S) 1

Buyer

Avient

Avon Lake, Ohio, United States

website


Category Company
Founded 1885
Sector Plastics
Employees9,700
Revenue 3.4B USD (2022)
DESCRIPTION

Avient is a provider of specialized polymer materials, services and solutions. Avient has operations in North America, South America, Europe, Asia and Australia, and joint ventures in North America and South America. Avient was incorporated in 1885 and is based in Avon Lake, Ohio.


DEAL STATS #
Overall 20 of 20
Sector (Plastics) 15 of 15
Type (Divestiture) 7 of 7
Country (Netherlands) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-19 Clariant AG - Masterbatches Business

Muttenz, Switzerland

Clariant's Masterbatches Business provides color and additive concentrates and performance solutions for plastics. Clariant’s Masterbatches help to enhance the market appeal or end-use performance of plastic products, packaging or fibers.

Buy $1.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Formerra

Romeoville, Illinois, United States

Formerra is a distributor of engineered materials, connecting to polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Formerra was founded in 2022 and is based in Romeoville, Illinois.

Sell -

Seller(S) 1

SELLER

Koninklijke DSM

Heerlen, Netherlands

website


Category Company
Founded 1902
Sector Life Science
Employees21,760
Revenue 9.2B EUR (2021)
DESCRIPTION

Koninklijke DSM specializes in the development, manufacture and marketing of performance materials, nutritional and pharmaceutical ingredients and industrial chemicals. The products are used in a wide range of end-markets and applications, such as human and animal nutrition and health, personal care, pharmaceuticals, automotive and transport, coatings and paint, housing and electrics & electronics. Koninklijke DSM founded in 1902 and is based in Heerlen, the Netherlands.


DEAL STATS #
Overall 15 of 16
Sector (Plastics) 2 of 2
Type (Divestiture) 14 of 15
Country (Netherlands) 9 of 10
Year (2022) 1 of 2
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-12 Erber AG

Getzersdorf, Austria

Erber AG is involved in the field of food and feed safety, focusing on natural feed additives, feed, and food analysis and plant protection with headquarters in Austria/Getzersdorf. Erber consists of BIOMIN, ROMER LABS, SANPHAR, and EFB. Including distribution partners, Erber is represented in more than 140 countries worldwide. The international orientation and in-house research and development are important success factors for the annual growth. Erber was formed in 1983 and is based in Getzersdorf, Austria.

Buy €980M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-31 DSM Engineering Materials

Heerlen, Netherlands

DSM Engineering Materials provides high-performance and increasingly sustainable thermoplastics used in automotive, electrical & electronics, building & construction, medical, food packaging, and consumer goods (to name but a few). Its materials enable lighter, stronger, and more durable products - which in turn makes people’s lives safer, more convenient, and healthier – and all while helping to tackle carbon emissions.

Sell €3.7B