# European Commission approves Reichhold-Polynt merger subject to divestment

The European Commission approved the merger between Reichhold and Polynt, conditional on the divestment of Reichhold's Etain plant in France to Ashland. Both produce unsaturated polyester resins.

- Type: Acquisition
- Announced: 2017-05-15
- Where: Etain, France, France
- Status: announced
- Products: unsaturated polyester resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Polynt-Reichhold](https://endata.com/companies/24373.md)
- [Investindustrial](https://endata.com/companies/2585.md) (investor)
- [Ashland](https://endata.com/companies/20300.md) (partner)
- [Reichhold](https://endata.com/companies/23632.md) (target)
- [Polynt](https://endata.com/companies/24258.md) (acquirer)
- [Polynt](https://endata.com/companies/24258.md) (target)
- [Black Diamond Capital Management](https://endata.com/companies/24366.md) (investor)
- [Polynt-Reichhold](https://endata.com/companies/24373.md) (partner)

## Sources

- [poandpo.com](https://www.poandpo.com/companies/europe-approves-merger-between-reichhold-and-polyn-subject-to-conditions-1552017809/), 2017-05-15: "The European Commission has approved under the EU Merger Regulation the merger between chemical producers Reichhold (US) and Polynt (Italy)."
- [prnewswire.com](https://www.prnewswire.com/news-releases/reichhold-and-polynt-complete-merger-to-create-a-global-specialty-chemicals-group-300460405.html), 2017-05-18: "Reichhold and Polynt are pleased to announce the closing of the combination announced last year, after having received all regulatory approvals."
- [chemxplore.com](https://chemxplore.com/news/polynt-reichhold-merger-global-specialty-chemicals-group), 2017-05-18: "Polynt and Reichhold have completed their merger, forming a new global specialty chemicals group with over €2 billion in revenues."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/reichhold-and-polynt-complete-merger-to-create-a-global-specialty-chemicals-group/), 2017-05-19: "We are pleased with the final outcome of this combination as it brings together two leading specialty chemical businesses with global footprints."
- [firstonline.info](https://www.firstonline.info/en/polynt-and-reichhold-finalized-merger/), 2017-05-19: "The two companies have completed their merger, creating a global group in the sector of polymers and chemical intermediates."
- [peprofessional.com](https://peprofessional.com/2017/05/investindustrial-black-diamond-form-polynt-reichhold/), 2017-05-22: "Polynt-Reichhold, a newly merged company in the specialty chemical sector, has been formed through the merger of Polynt, a portfolio company of Investindustrial since February 2008, and Reichhold, a portfolio company of Black Diamond Capital Management since April 2015."
- [pcimag.com](https://www.pcimag.com/articles/103501-merger-of-reichhold-and-polynt-creates-global-specialty-chemicals-group), 2017-05-22: "We are pleased with the final outcome of this combination as it brings together two leading specialty chemical businesses with global footprints."
- [pcimag.com](https://www.pcimag.com/articles/103551-merger-of-reichhold-and-polynt-creates-global-specialty-chemicals-group), 2017-06-04: "We are pleased with the final outcome of this combination as it brings together two leading specialty chemical businesses with global footprints."

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