Announced
Synopsis
ICIG, a privately owned industrial group, agreed to acquire the superabsorbents business of Evonik, a specialty chemicals company. Financial terms were not disclosed. "In terms of its profile, the superabsorbents business no longer fits our character as a specialty chemicals company. We have sought and found a reliable investor for it. Our company is thus taking the second step in the divestment of our Performance Materials Division," Christian Kullmann, Evonik CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.