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Evonik closes sale of Methacrylates business to Advent International · Endata

◂ Announcements

Jul 31, 2019ACQUISITIONToronto, Canada

Evonik closes sale of Methacrylates business to Advent International

Evonik has closed the sale of its Methacrylates business to Advent International for €3 billion. The transaction closed on July 31, 2019.

Value

$3.30B (3.00B EUR)

Status

Completed

Productsmethacrylates

CompaniesEvonik Advent International acquirer Evonik acquirer Interface Biologics target

Sectors#Specialty Chemicals

“The sale is a further step in aligning our portfolio towards specialty chemicals and becoming less dependent on economic cycles.”adhesivesmag.com

2 sources
adhesivesmag.comEvonik Closes Sale of Methacrylates Business, Hits FTC Roadblock on PeroxyChem Acquisition | 2019-08-19 | Adhesives & Sealants IndustryBy: Karen ParkerAug 19, 2019
medicaldesignandoutsourcing.comEvonik acquires surface modification platform from Interface Biologics - Medical Design and OutsourcingSean WhooleySep 3, 2019

Summarized from public sources; check the original articles before acting on it.

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Oct 30, 2026ACQUISITIONGermany$11.8B
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Oct 19, 2026PARTNERSHIPJapan
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Nov 6, 2019NEW FACILITYGeesthacht, Germany, Germanyops 16 Jan 2020
Evonik opens new silicone production facility in Geesthacht, Germany
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Nov 1, 2019CONTRACTNetherlands (2 Sisters Storteboom operations), Netherlands
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