Avient agrees to acquire DSM Protective Materials (Dyneema) for $1.485 billion

Avient Corporation entered into an agreement to purchase the DSM Protective Materials business (including the Dyneema brand) from Royal DSM for $1.485 billion. The acquisition is expected to close in 2022.

“Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, today announced that it has entered into an agreement with Royal DSM ("DSM") to purchase the DSM Protective Materials business (including the Dyneema ® brand).”avient.com

• 4 sources
• avient.comAvient Announces Agreement to Acquire DSM Protective Materials (Dyneema®) and Plans to Explore Sale of Distribution | AvientApr 20, 2022
• plastnet.seAvient förvärvar DSM-enhetMalin FolkessonApr 20, 2022
• reuters.comAvient Corp to buy DSM business unit for $1.5 bln | ReutersApr 20, 2022
• chemweek.mydigitalpublication.comChemical Week • April 25/May2 • Avient to acquire DSM’s UHMWPE businessApr 28, 2022

Summarized from public sources; check the original articles before acting on it.