PTTGC to acquire Allnex from Advent International for €4B

PTT Global Chemical Public Company Limited agreed to acquire Allnex, a global specialty chemical company focused on industrial coating resins, from Advent International for an enterprise value of €4.0 billion (approximately $4.75 billion). The acquisition is subject to regulatory approvals and is expected to close in Q4 2021.

“Piper Sandler & Co. chemicals & materials investment banking group (The Valence Group) announced today that it has advised PTT Global Chemical Public Company Limited (“PTTGC”) on its acquisition of Allnex, a leading global specialty chemical company focused on industrial coating resins, from Advent ”businesswire.com

• 1 source
• businesswire.comPiper Sandler Advises PTTGC on Acquisition of Allnex from AdventPamela SteenslandJul 13, 2021

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