Divestiture • Plastics

Avient Acquires DSM - Protective Materials Business

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

Acquisition Context
  • 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.

Explore All 108 Divestiture Plastics Deals - Search the Database Free


M&A Deal Summary

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

Target Company

DSM - Protective Materials Business

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

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Avient

Avon Lake, Ohio, United States

Category Company
Founded 1885
Sector Plastics
Employees9,200
Revenue 3.2B USD (2024)
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 Context for Buyer #
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 Profile 1

SELLER

DSM-Firmenich

Kaiseraugst, Switzerland

Category Company
Founded 1902
Sector Chemicals
Employees26,301
Revenue 12.8B EUR (2024)
DESCRIPTION

DSM-Firmenich 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. DSM-Firmenich was founded in 1902 and is based in Kaiseraugst, Switzerland.


Deal Context for Seller #
Overall 15 of 17
Sector: Plastics 2 of 2
Type: Divestiture 14 of 16
Country: Netherlands 8 of 9
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. DSM Engineering Materials is based in Heerlen, Netherlands.

Sell €3.7B

Explore Related M&A Activity