M&A Deal Summary

Novamont Acquires BioBag International AS

On January 12, 2021, Novamont acquired environmental company BioBag International AS

Acquisition Highlights
  • This is Novamont’s 1st transaction in the Environmental sector.
  • This is Novamont’s 1st transaction in Norway.

M&A Deal Summary

Date 2021-01-12
Target BioBag International AS
Sector Environmental
Buyer(s) Novamont
Deal Type Add-on Acquisition
Advisor(s) Bryan Garnier & Co. (Financial)
Wiersholm (Legal)

Target

BioBag International AS

Askim, Norway
BioBag International AS is a provider of low-impact solutions for waste collection and packaging, based in Askim, Norway.

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Buyer(S) 1

Buyer

Novamont

Novara, Italy

Category Company
Founded 1989
Sector Chemicals
DESCRIPTION

Novamont is a developer of a proprietary know-how for the production of biodegradable thermoplastic materials derived mainly from corn, wheat and potato starch. Novamont was founded in 1989 and is based in Novara, Italy.


DEAL STATS #
Overall 1 of 1
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Norway) 1 of 1
Year (2021) 1 of 1