# Coim acquires Synres, plans esterification hub in the Netherlands

Italian specialty chemicals company Coim has acquired Synres, a resins producer near Rotterdam, Netherlands. Coim plans to invest in producing Isoexter and Diexter polyesters on site, creating a second esterification hub.

- Type: Acquisition
- Announced: 2022-01-13
- Where: near Rotterdam, Netherlands, Netherlands
- Value: $55.0M (50.0M EUR)
- Status: announced
- Products: alkyd resins, acrylic resins, aromatic polyesters, aliphatic polyesters
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Standard Investment](https://endata.com/companies/8499.md) (partner)
- [COIM](https://endata.com/companies/15346.md) (acquirer)
- [Synres](https://endata.com/companies/60597.md) (target)

## Sources

- [macplas.it](https://www.macplas.it/en/marketing/italian-news/coim-acquires-synres-and-creates-second-hub-esterification-products), 2022-01-26: "The acquisition by Coim aims at enhancing the offer and expertise of Synres in the field of resins and making new investments to produce on site Coim aromatic polyesters - Isoexter - and aliphatic polyesters - Diexter."
- [mena.nl](https://mena.nl/m-en-a-awards/pitch-best-small-cap-deal-2022-coim-synres), 2022-11-16: "COIM has acquired Synres, a Dutch company specialized in the production of alkyd and acrylic resins for coatings volumes, from Standard Investment."

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