# Roehm to acquire SABIC's polycarbonate sheets business for $300M

Advent-backed Roehm has agreed to buy SABIC's polycarbonate sheets business for about $300 million. The deal is expected to close after antitrust approval.

- Type: Acquisition
- Announced: 2022-12-07
- Value: $300.0M
- Status: announced
- Products: polycarbonate sheets
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (investor)
- [Saudi Basic Industries Corp.](https://endata.com/companies/40075.md) (target)
- [Roehm](https://endata.com/companies/46951.md) (acquirer)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/advent-backed-roehm-agrees-buy-sabics-polycarbonate-sheets-business-2022-12-07/), 2022-12-07: "The deal, which is expected to reach around $300 million, needs antitrust approval, the sources said."

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