LANXESS and Advent to acquire DSM Engineering Materials for EUR 3.7B

LANXESS and Advent International signed an agreement to acquire the DSM Engineering Materials business for around EUR 3.7 billion. LANXESS will contribute its High Performance Materials business to the new joint venture, receiving at least EUR 1.1 billion and up to 40% stake.

“LANXESS and Advent to acquire Engineering Materials business from DSM for a purchase price of around EUR 3.7 billion.”lanxess.com

• 1 source
• lanxess.comLANXESS and Advent International establish a leading global joint venture for high-performance engineering polymersOct 14, 2021

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