# DSM to acquire Avecia's NeoResins coating resins business for $680M

DSM has agreed to acquire Avecia's NeoResins coating resins business for almost $680 million. The deal is expected to close in the first quarter of 2005.

- Type: Acquisition
- Announced: 2021-08-25
- Value: $680.0M
- Status: announced
- Products: water-based acrylic and urethane resins for paints, coatings, adhesives, and inks
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [DSM](https://endata.com/companies/25138.md) (acquirer)
- [Avecia](https://endata.com/companies/57318.md) (target)

## Sources

- [cen.acs.org](https://cen.acs.org/articles/82/i51/DSM-Buys-Resins-Unit-Avecia.html), 2021-08-25: "I am delighted that DSM and Avecia have reached agreement."

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