# Evonik defends $625M purchase of PeroxyChem against FTC

Evonik Industries AG is defending its $625 million acquisition of PeroxyChem Holding Co. against the Federal Trade Commission's bid to block the deal. The transaction concerns hydrogen peroxide production.

- Type: Acquisition
- Announced: 2019-08-19
- Where: United States
- Value: $625.0M
- Status: announced
- Products: hydrogen peroxide
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

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

## Sources

- [law360.com](https://www.law360.com/articles/1189958/chemical-cos-defend-625m-merger-against-ftc), 2019-08-19: "Evonik Industries AG hit back against the Federal Trade Commission's bid to block its $625 million purchase of PeroxyChem Holding Co."

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