# Synthomer acquires Perstorp Oxo Belgium for €78M

Synthomer plc acquired Perstorp Oxo Belgium AB from Sweden's Perstorp Group for €78 million. The business supplies additives to the decorative and industrial coatings industries.

- Type: Acquisition
- Announced: 2017-03-06
- Where: Belgium
- Value: $83.0M (78.0M EUR)
- Status: completed
- Products: additives for coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Perstorp](https://endata.com/companies/21777.md) (partner)
- [Synthomer](https://endata.com/companies/22247.md) (acquirer)
- [Perstorp Oxo Belgium](https://endata.com/companies/22649.md) (target)

## Sources

- [proactiveinvestors.com](https://www.proactiveinvestors.com/news/details/174292/synthomer-buys-perstorp-belgium-as-it-reports-growth-in-full-year-profit-174292.html), 2017-03-06: "Synthomer ... announced the acquisition of Perstorp Oxo Beligium AB for €78mln"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.