Investment Summary

Solvay Invests In 9T Labs

On February 22, 2022, Solvay invested in manufacturer 9T Labs

Investment Highlights
  • This is Solvay’s 1st transaction in the Manufacturing sector.
  • This is Solvay’s 1st transaction in Switzerland.

Investment Summary

Date 2022-02-22
Target 9T Labs
Sector Manufacturing
Investor(s) Solvay
Deal Type Growth Capital

Target

9T Labs

Zürich, Switzerland
9T Labs is a manufacturer of carbon-fiber-reinforced plastic (CFRP) parts for mass production. 9T Labs’ hybrid manufacturing technology enables complex, high-performance structural parts to be produced in carbon fiber-reinforced thermoplastic composites in volumes up to thousands of parts per year. 9T Labs was founded in 2018 and is based in Zürich, Switzerland.

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Investor(S) 1

Investor

Solvay

Brussels, Belgium

Category Company
Founded 1863
Sector Chemicals
Employees9,000
Revenue 5.1B EUR (2024)
DESCRIPTION

Solvay is a chemical company that harnesses the power of chemistry to create innovative, sustainable solutions that answer essential needs such as purifying the air and water, preserving food supplies, protecting health and well-being, creating eco-friendly clothing, making the tires of cars more sustainable, and cleaning and protecting our homes. Solvay was founded in 1863 and is based in Brussels, Belgium.


DEAL STATS #
Overall 16 of 16
Sector: Manufacturing M&A 1 of 1
Type: Growth Capital M&A Deals 3 of 3
Country: Switzerland M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-18 Chengyang Tech

Shaoxing City, China

Chengyang Tech engages in developing electrochemical technologies for on-site H2O2 production, as part of an expanded effort to explore its core technology for applications in long-duration energy storage and water electrolysis. Chengyang Tech is based in Shaoxing City, China.

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