# OMNOVA shareholders approve merger with Synthomer

OMNOVA Solutions shareholders approved the merger agreement under which Synthomer plc will acquire all outstanding OMNOVA common shares for $10.15 per share, targeting closing in 2019.

- Type: Acquisition
- Announced: 2019-12-09
- Where: Beachwood, Ohio, United States
- Value: $850.0M (654.0M GBP)
- Status: announced
- Products: specialty chemicals, polymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Synthomer](https://endata.com/companies/22247.md) (acquirer)
- [Omnova Solutions](https://endata.com/companies/32974.md) (target)

## Sources

- [rv-pro.com](https://rv-pro.com/news/omnova-shareholders-approve-synthomer-merger/), 2019-12-09: "We are pleased that OMNOVA shareholders have overwhelmingly supported the pending merger with Synthomer"
- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2069127/synthomer-gains-conditional-approval-for-omnova-takeover), 2020-01-16: "The European Commission has granted conditional approval for the proposed acquisition of Ohio-based polymer group Omnova Solutions Inc. by Synthomer plc of London."
- [pcimag.com](https://www.pcimag.com/articles/keyword/2065-acquisitions?page=17), 2020-01-17: "Synthomer plc received conditional clearance from the European Commission regarding its proposed acquisition of OMNOVA Solutions Inc."
- [globalpapermoney.com](https://www.globalpapermoney.com/commission-approves-synthomers-acquisition-of-omnova-subject-to-conditions-cms-11577), 2020-01-20: "The Commission had concerns that the transaction, as originally notified, would have reduced competition on the market for the supply of VP Latex."
- [chemanager-online.com](https://chemanager-online.com/en/news/eu-clears-synthomer-takeover-of-omnova), 2020-01-20: "London-headquartered Synthomer has received conditional clearance from the European Commission to acquire Omnova Solutions."
- [just-auto.com](https://www.just-auto.com/news/ec-approves-omnova-acquisition-by-synthomer/), 2020-01-21: "The approval is conditional on the divestment of a remedy package."
- [eulawlive.com](https://eulawlive.com/conditional-approval-decision-of-merger-between-synthomer-and-omnova-solutions-published/), 2020-04-20: "The approval is conditional on Synthomer’s compliance with the condition to divest its global VP Latex business"

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