M&A Deal Summary

Avient Acquires Clariant AG - Masterbatches Business

On December 19, 2019, Avient acquired plastics company Clariant AG - Masterbatches Business from Clariant AG for 1.6B USD

Acquisition Highlights
  • This is Avient’s 14th transaction in the Plastics sector.
  • This is Avient’s 2nd largest (disclosed) transaction.
  • This is Avient’s 1st transaction in Switzerland.

M&A Deal Summary
Date 2019-12-19
Target Clariant AG - Masterbatches Business
Sector Plastics
Buyer(s) Avient
Sellers(s) Clariant AG
Deal Type Divestiture
Deal Value 1.6B USD

Target

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.

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Buyer(S) 1

Buyer

Avient

Avon Lake, Ohio, United States
Category Company
Founded 1885
Sector Plastics
Employees9,300
Revenue 3.1B USD (2023)
DESCRIPTION

Avient is a provider of specialized polymer materials, services and solutions. Avient was incorporated in 1885 and is based in Avon Lake, Ohio.

DEAL STATS #
Overall 19 of 20
Sector (Plastics) 14 of 15
Type (Divestiture) 6 of 7
Country (Switzerland) 1 of 1
Year (2019) 2 of 2
Size (of disclosed) 2 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-19 GEON

Westlake, Ohio, United States

GEON is a provider of formulated PVC and polypropylene-based solutions, as well as contract manufacturing services, primarily serving the North American Construction and Automotive end markets. GEON is based in Westlake, Ohio.

Sell $775M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-20 DSM - Protective Materials Business

Heerlen, Netherlands

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

Buy €1.4B

Seller(S) 1

SELLER

Clariant AG

Muttenz, Switzerland
Category Company
Founded 1995
Sector Chemicals
DESCRIPTION

Clariant AG is a specialty chemicals company. Clariant offers chemicals such as adsorbents, biocides, industrial ingredients, and detergents, as well as chemicals and dyes for textiles, leather, and paper. Clariant also manufacturers de-icing agents and fire retardants.

DEAL STATS #
Overall 11 of 14
Sector (Plastics) 1 of 1
Type (Divestiture) 11 of 14
Country (Switzerland) 5 of 7
Year (2019) 2 of 2
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-22 Airnov

Choisy-le-Roi, France

Airnov is a formulator and manufacturer of active packaging solutions that protect drugs and other demanding products from moisture and oxygen. The company serves the pharmaceutical, diagnostic, and nutraceutical markets, and operates with a global reach through five manufacturing facilities throughout the U.S., France, India, and Asia. Airnov was formed in 2019 and is headquartered in Choisy-le-Roi, France.

Sell Fr.308M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-15 Clariant AG - Surfactant Business and Sulfate Production Equipment

Santa Clara, Mexico

Clariant AG - Surfactant Business and Sulfate Production Equipment is a provider of chemical products used in household, industrial, and personal care.

Sell -
Mergr

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