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New Deal


Announced

Advent-backed Röhm to acquire functional forms business of SABIC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Friendly

chemical manufacturing

Private

Cross Border

Single Bidder

Specialty Chemicals

Saudi Arabia

Acquisition

Majority

Pending

Synopsis

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Advent-backed Röhm, a manufacturer in the methacrylate business, agreed to acquire functional forms business of SABIC, a Saudi chemical manufacturing company. Financial terms were not disclosed. “We are very excited to have found a strong partner with whom we can grow together. By adding the Polycarbonate Resin extrusion business to our portfolio, we will sustainably strengthen our competitiveness in our sheets and films business. With the combined competencies – in sales and in the development of materials, products and applications – we will become a better business partner for our customers,” Michael Pack, Röhm CEO.

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