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New Deal


Announced

Clariant to acquire a 10% stake in Plant Advanced Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Single Bidder

Acquisition

Pending

Public

France

biotechnology company

Friendly

biotechnology

Biotechnology

Synopsis

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Clariant, a specialty chemical manufacturer is set to acquire a 10% stake in French cosmetics ingredients maker Plant Advanced Technologies. The partnership brings PAT’s research strengths in discovering and producing precious compounds from plant roots together with the claim substantiation and the marketing and sales expertise of Clariant’s Active Ingredients business. “We are delighted to join our forces with Clariant. Thanks to their vision, expertise, and knowledge, we will bring together new outstanding possibilities to the cosmetic market in terms of naturality, innovation, and performance," Jean-Paul Fevre, PAT President.

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