# Evonik to acquire PeroxyChem for $625M

Evonik Industries agreed to acquire PeroxyChem, a producer of hydrogen peroxide and peracetic acid, from One Equity Partners for $625 million. The deal will create a peroxygens business with annual sales of about $800 million.

- Type: Acquisition
- Announced: 2018-11-08
- Where: United States
- Value: $625.0M
- Status: announced
- Products: hydrogen peroxide, peracetic acid
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [One Equity Partners](https://endata.com/companies/710.md) (partner)
- [Evonik Industries](https://endata.com/companies/5809.md) (acquirer)
- [PeroxyChem](https://endata.com/companies/28671.md) (target)

## Sources

- [cen.acs.org](https://cen.acs.org/business/Evonik-acquire-PeroxyChem-625-million/96/i45), 2018-11-09: "Evonik now says buying the rest of PeroxyChem will give it a peroxygens business with annual sales of about $800 million."

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