Announced
Completed
Financials
Tags
advanced materials solutions
Completed
Chemicals: Diversified
Single Bidder
Majority
Friendly
United States
Private
Acquisition
Domestic
Synopsis
ExxonMobil, a chemical company, completed the acquisition of Materia, a company focused on manufacturing advanced materials, for $156m. “This acquisition ties together Materia’s Nobel Prize-winning technology with ExxonMobil’s complementary proprietary technology and world-class manufacturing capabilities to bring this exciting new class of structural materials to commercial scale,” Karen McKee, ExxonMobil President.
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