# Perstorp acquires DMPA business from GEO

Perstorp acquired GEO's dimethylol propionic acid (DMPA) business as of January 2022. GEO will continue to produce DMPA exclusively for Perstorp in Allentown, Pennsylvania.

- Type: Acquisition
- Announced: 2022-01-01
- Where: Allentown, Pennsylvania, United States
- Status: completed
- Products: dimethylol propionic acid (DMPA)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Perstorp](https://endata.com/companies/21777.md) (acquirer)
- [GEO](https://endata.com/companies/60024.md) (target)

## Sources

- [doi.org](https://doi.org/10.12968/s0306-3747(22)70023-1), 2022-01-01: "As of January 2022, Perstorp controls GEO’s dimethylol propionic acid business."
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/perstorp-acquires-geos-di-methylolpropionic-acid-business/), 2022-01-26: "This acquisition will both allow further development of our offering and enable long term investments to safeguard future availability."

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