# 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.

- Type: Acquisition
- Announced: 2022-04-20
- Where: United States
- Value: $1.49B
- Status: announced
- Products: Dyneema ultra-high molecular weight polyethylene fiber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Royal DSM](https://endata.com/companies/5677.md) (target)
- [DSM](https://endata.com/companies/25138.md) (target)
- [Avient](https://endata.com/companies/48283.md) (acquirer)
- [Koninklijke DSM](https://endata.com/companies/62388.md) (target)

## Sources

- [avient.com](https://www.avient.com/investor-center/news/avient-announces-agreement-acquire-dsm-protective-materials-dyneema-and-plans-explore-sale-distribution), 2022-04-20: "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)."
- [plastnet.se](https://www.plastnet.se/article/view/846048/avient_forvarvar_dsmenhet), 2022-04-20: "Slutförandet av transaktionen, som är föremål för sedvanliga villkor och godkännanden, förväntas ske under andra halvåret av 2022."
- [reuters.com](https://www.reuters.com/business/avient-corp-buy-dsm-business-unit-15-bln-2022-04-20/), 2022-04-20: "Avient Corp said on Wednesday it has entered into an agreement with DSM to buy its material division for $1.48 billion."
- [chemweek.mydigitalpublication.com](https://chemweek.mydigitalpublication.com/articles/avient-to-acquire-dsm-s-uhmwpe-business), 2022-04-28: "Avient has reached an agreement to acquire DSM’s ultra-high-molecularweight polyethylene (UHMWPE) business for €1.44 billion ($1.51 billion)."

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