# Röhm to acquire SABIC's Functional Forms business

Röhm, a methacrylates manufacturer, has signed a Sale and Purchase Agreement to acquire SABIC's Functional Forms business. The combined company is expected to have sales over €700 million and 14 production sites. The transaction is expected to close in the first half of 2024.

- Type: Acquisition
- Announced: 2023-06-01
- Status: announced
- Products: methacrylates, functional forms
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SABIC](https://endata.com/companies/3200.md) (target)
- [RÖHM Group](https://endata.com/companies/18449.md) (acquirer)

## Sources

- [freshfields.com](https://www.freshfields.com/en/our-thinking/news/news-search/2023/06/freshfields-advises-roehm-on-acquisition-of-sabics-functional-forms-business), 2023-06-01: "The new combined company is expected to have sales of more than €700 million and a global presence comprising 14 production sites."
- [roehm.com](https://www.roehm.com/en/detail/rohm-signs-agreement-to-acquire-functional-forms-from-sabic), 2023-06-20: "This acquisition is a milestone on our road towards becoming a world-leading multi-materials manufacturer of high quality, transparent films and sheet"

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