# Arkema finalizes divestment of PMMA business to Trinseo

Arkema completed the sale of its PMMA business to Trinseo, with an enterprise value of €1,137 million. The business includes 7 production sites and about 860 employees.

- Type: Acquisition
- Announced: 2021-05-03
- Where: United States
- Value: $1.37B (1.14B EUR)
- Jobs: 860
- Status: completed
- Products: PMMA (polymethyl methacrylate)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Arkema](https://endata.com/companies/7031.md) (target)
- [Trinseo](https://endata.com/companies/17310.md) (acquirer)

## Sources

- [investor.trinseo.com](https://investor.trinseo.com/home/news/news-details/2021/Trinseo-Completes-Acquisition-of-Arkemas-PMMA-Business-05-03-2021/default.aspx), 2021-05-03: "Today is a special day. I am thrilled to welcome our new colleagues and customers to the Trinseo family, as we embark on this transformation journey together."
- [arkema.com](https://www.arkema.com/global/en/media/newslist/news/global/corporate/2021/20210503-arkema-finalise-la-cession-de-son-activite-pmma/), 2021-05-03: "The divestment of Arkema’s PMMA business to Trinseo, fully in line with the Group’s ambition to become a pure Specialty Materials player by 2024, was finalized today."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/arkema-finalizes-pmma-business-divestment/), 2021-05-03: "The divestment of Arkema’s PMMA business to Trinseo was finalized, the company announced."

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