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Huber sells silica business to Evonik for $630M · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Sep 7, 2017ACQUISITION

Huber sells silica business to Evonik for $630M

J.M. Huber Corp. has completed the sale of its Silica business unit of Huber Engineered Materials to Evonik Industries AG for $630 million, transferring facilities in North America, Europe and Asia.

Value

$630.0M

Status

Completed

Productssilica

CompaniesJ.M. Huber Evonik Industries acquirer

Sectors#Specialty Chemicals

“The $630 million transaction transfers ownership of the HEM Silica facilities in North America, Europe and Asia to Evonik.”adhesivesmag.com

2 sources
adhesivesmag.comMergers/Acquisitions - Articles - Page 44 | Adhesives & Sealants IndustrySep 27, 2017
adhesivesmag.comAcquisitions - Articles - Page 50 | Adhesives & Sealants IndustryTeresa McPhersonSep 27, 2017

Summarized from public sources; check the original articles before acting on it.

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