# Synthos acquires Trinseo's synthetic rubber business

Synthos S.A. signed an agreement on 21 May 2021 to acquire Trinseo's synthetic rubber operations in Schkopau, Germany, including manufacturing and R&D facilities. The deal is expected to contribute at least €50-60 million EBITDA annually and over €20 million in annual synergies.

- Type: Acquisition
- Announced: 2021-05-21
- Where: Schkopau, Germany, Germany
- Value: $491.0M
- Jobs: 440
- Status: announced
- Products: synthetic rubber, SSBR, ESBR, Li-PBR
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Trinseo](https://endata.com/companies/17310.md) (target)
- [Synthos](https://endata.com/companies/52062.md) (acquirer)

## Sources

- [synthosgroup.com](https://www.synthosgroup.com/en/synthos-s-a-acquires-trinseos-rubber-business-in-a-strategic-deal-signed-may-21-2021/), 2021-05-23: "We believe that the Synthetic Rubber Business brings a range of technologically advanced SSBRs, including functionalized SSBR grades used for high-performance tires (low resistance tires and tires for electric vehicles)."
- [cliffordchance.com](https://www.cliffordchance.com/news/news/2021/05/clifford-chance-advises-trinseo-on-usd-491-million-sale-of-synth.html), 2021-05-25: "Clifford Chance has advised Trinseo S.A., the US-listed global materials company and manufacturer of plastics, latex binders and synthetic rubber, on the sale of its synthetic rubber business based in Schkopau, Germany, to Poland-based Synthos S.A. for an enterprise value of USD 491 million."
- [powderbulksolids.com](https://www.powderbulksolids.com/chemical/chemicals-firm-buys-trinseo-s-synthetic-rubber-business-for-491m), 2021-05-25: "European chemicals manufacturer Synthos S.A. has forged a deal to acquire plastic and materials firm Trinseo’s synthetic rubber business based in Schkopau, Germany for $491 million."

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