# Umicore to acquire Materia's metathesis catalyst business for USD 27 million

Umicore has reached an agreement to acquire Materia's metathesis catalyst IP and business portfolio for USD 27 million. Materia is a US-based producer of metathesis catalysts and thermoset resins.

- Type: Acquisition
- Announced: 2017-12-20
- Where: United States
- Value: $27.0M
- Status: announced
- Products: metathesis catalysts, thermoset resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Umicore](https://endata.com/companies/19787.md) (acquirer)
- [Materia](https://endata.com/companies/28958.md) (target)

## Sources

- [umicore.com](https://www.umicore.com/en/media/newsroom/umicore-to-acquire-materias-metathesis-catalyst-business/), 2017-12-20: "This acquisition is highly complementary with Umicore’s non-automotive catalyst business, which is focused on high end pharma and fine chemical applications"

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