# Trinseo to acquire latex binders assets from Dow in Germany

Trinseo signed a definitive agreement to acquire latex production facilities and related infrastructure at Rheinmunster, Germany from The Dow Chemical Company for approximately €40 million in assumed pension liabilities.

- Type: Acquisition
- Announced: 2019-05-02
- Where: Rheinmunster, Germany, Germany
- Value: $45.0M (40.0M EUR)
- Jobs: 114
- Status: announced
- Products: latex binders
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Dow Chemical](https://endata.com/companies/2284.md) (target)
- [Dow](https://endata.com/companies/2996.md) (target)
- [Trinseo](https://endata.com/companies/17310.md) (acquirer)

## Sources

- [trinseo.com](https://www.trinseo.com/news-and-events/trinseo-news/2019/may/trinseo-to-acquire-latex-binders-assets-in-germany), 2019-05-02: "This acquisition is directly aligned with Trinseo’s strategy to grow its Latex Binders businesses, particularly in applications serving the Adhesives and Construction industry, as well as Specialty Paper."
- [chemanager-online.com](https://chemanager-online.com/en/news/trinseo-reviews-pc-assets-buys-dows-latex-plants), 2019-05-07: "This acquisition is directly aligned with Trinseo's strategy to grow its latex binders businesses, particularly in applications serving the adhesives and construction industry, as well as specialty paper."

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