Oct 15, 2019ACQUISITIONFrance SK Global Chemical to acquire Arkema's functional polyolefins business for €335M
SK Global Chemical, a chemical affiliate of SK Innovation, announced it will acquire French chemical firm Arkema's functional polyolefins business for 335 million euros ($369 million). The acquisition includes three France-based production facilities and is expected to be finalized by Q2 2020.
Value
$369.0M (335.0M EUR)
Productsfunctional polyolefinsadhesive for multilayer packaging
“This will give SK Global Chemical the competitive edge in American and European markets, where packaging industries are high value, while maximizing the synergy between previously acquired and new businesses.”en.yna.co.kr
- 4 sources
- en.yna.co.krSK Global Chemical to acquire Arkema's functional polyolefins business for 335 mln euros | Yonhap News AgencyOct 15, 2019
- businesskorea.co.krSK Global Chemical to Acquire Arkema’s Functional Polyolefin Business - BusinesskoreaChoi Moon-heeOct 15, 2019
- plasteurope.comARKEMA: Sale of Functional Polyolefins to SK Global / PVDF expansion in China / Cooperation with Agiplast to recycle PA and PVDF | Plasteurope.comJens HartmannOct 18, 2019
- fkcci.comSK Global Chemical to acquire Arkema’s functional polyolefins biz | CCI FRANCE COREENov 7, 2019
Summarized from public sources; check the original articles before acting on it.
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