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Announced

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Avient completed the acquisition of Magna Colours for $48m.

Synopsis

Avient, a global provider of specialized and sustainable material solutions, completed the acquisition of Magna Colours, a producer of sustainable, water-based inks technology, for $48m. "Magna represents an important investment in sustainable solutions, as brand owners seek alternatives to legacy technologies," Robert M. Patterson, Avient Chairman, President and CEO.

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