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Announced

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Synthomer completed the acquisition of OMNOVA Solutions for $824m.

Synopsis

Synthomer, a United Kingdom-based speciality chemical company, completed the acquisition of OMNOVA Solutions, a global manufacturer of emulsion polymers, speciality chemicals, and functional and decorative surfaces, for $824m. "OMNOVA complements Synthomer culturally, geographically and by market, while Synthomer's financial position provides for a very strong combined company that will be well positioned to accelerate growth. This transaction presents increased opportunities for the business and its employees to leverage the combined scale, grow more quickly and profitably, and enhance product innovation in ways that will benefit customers and employees." Anne Noonan, OMNOVA Chief Executive Officer.

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