# 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.

- Type: Acquisition
- Announced: 2017-09-07
- Value: $630.0M
- Status: completed
- Products: silica
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [J.M. Huber](https://endata.com/companies/11982.md)
- [Evonik Industries](https://endata.com/companies/5809.md) (acquirer)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=44), 2017-09-27: "The $630 million transaction transfers ownership of the HEM Silica facilities in North America, Europe and Asia to Evonik."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2546-acquisitions?page=50), 2017-09-27: "The $630 million transaction transfers ownership of the HEM Silica facilities in North America, Europe and Asia to Evonik."

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