Synthomer sells laminates, films and coated fabrics business to Surteco Group for $255M

Synthomer announced the conditional sale of its laminates, films and coated fabrics businesses to Surteco Group for $255 million (£208 million). The transaction is expected to close in Q1 2023.

“This divestment is consistent with our recently announced strategy to increase the specialty weighting of our portfolio and focus on higher value, higher growth markets where we have strong and sustainable leadership positions.”chemengonline.com

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• chemengonline.comSynthomer divests laminates, films and coated fabrics business unit - Chemical EngineeringMary BaileyDec 13, 2022

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