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Announced

Completed

Avient completed the acquisition of the protective materials business of Royal DSM for €1.4bn.

Financials

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Transaction Value£1,194m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales4.3x
EV/EBITDA13.71x
Share Price Premium-
One Off Charge-

Tags

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protective materials

Private

Cross Border

Single Bidder

Majority

Acquisition

Friendly

Diversified Materials

Netherlands

Completed

Synopsis

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Avient, a global manufacturer of specialized polymer materials, completed the acquisition of the protective materials business of Royal DSM, a Dutch multinational corporation active in the fields of health, nutrition and materials, for €1.4bn ($1.5bn). "We are very pleased to have reached agreement to acquire DSM Protective Materials and lead this exceptional business into the future. We are eager to continue investing in innovation and sustainable solutions, further accelerating the remarkable impact and possibilities of the business and Dyneema® brand. To the DSM Protective Materials employees, we look forward to you joining our team, which is proudly a certified Great Place to Work®," Robert M. Patterson, Avient Chairman, President and CEO.

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