Versalis completes acquisition of Novamont

Versalis, a subsidiary of Eni, completed the acquisition of the remaining 64% of Novamont, a bioplastics producer, for an undisclosed amount. The transaction was announced on 28 April 2023 and closed on 18 October 2023.

“The acquisition of Novamont will allow us to drive our strategy towards chemistry from renewables through the integration of the two portfolios.”eni.com

• 3 sources
• eni.comVersalis: acquisition of Novamont completedOct 1, 2023
• novamont.comVersalis: acquisition of Novamont completed - Novamont - PressOct 18, 2023
• plasticsnews.comVersalis completes acquisition of Novamont - Plastics NewsKaren LairdOct 19, 2023

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