# Synthomer completes $1bn acquisition of Eastman's Adhesive Resins business

Synthomer PLC has completed the $1 billion (approx. £763.6m) acquisition of Eastman’s Adhesive Resins business, which will form a new division called Adhesive Technologies.

- Type: Acquisition
- Announced: 2022-04-01
- Where: United Kingdom
- Value: $1.00B (763.6M GBP)
- Status: completed
- Products: adhesive resins, acrylic and vinyl emulsions polymers, speciality polymers, latex
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Eastman Chemical](https://endata.com/companies/7789.md) (target)
- [Synthomer](https://endata.com/companies/22247.md) (acquirer)

## Sources

- [bdaily.co.uk](https://www.bdaily.co.uk/articles/2022/04/01/23bn-sustainable-chemical-manufacturer-expands-territory-via-764m-acquisition), 2022-04-01: "Our Adhesive Technologies division adds a very exciting new growth dimension to Synthomer."

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