# Ardian to acquire majority stake in DRT

Ardian has entered into exclusivity to acquire a controlling stake in Les Dérivés Résiniques et Terpéniques (DRT), valuing the company at approximately €1 billion (~$1.2 billion).

- Type: Acquisition
- Announced: 2017-10-12
- Where: France
- Value: $1.20B (1.00B EUR)
- Status: announced
- Products: resin and terpene derivatives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ardian](https://endata.com/companies/4607.md) (acquirer)
- [Les Dérivés Résiniques et Terpéniques](https://endata.com/companies/27672.md) (target)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2654-raw-materials-and-chemicals?page=252), 2017-10-12: "The proposed transaction values DRT at approximately €1 billion (~ $1.2 billion)."

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