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Monday, 23 September 2019
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Markets & companies, Raw materials market

DSM to sell off coating resins production site to Standard Investment

Wednesday, 8 April 2015

Royal DSM announced that it has finalised the sale of DSM Synres to Standard Investment. The divestment was announced on 17 December 2014.

DSM Synres produces solvent-borne alkyd and acrylic coating resins at its site in Hoek van Holland (Netherlands) for the global coatings, adhesives and graphic arts markets since 1947. DSM Synres realises sales of approximately EUR 50 million with around 80 employees.

Firm has acquired 18 companies

Standard Investment, based in Amsterdam, is a hands-on private equity firm focused on small and medium sized enterprises in the Netherlands and Belgium. Since its establishment in 2004, the firm has acquired a portfolio of 18 companies.

DSM Synres produces solvent-borne alkyd and acrylic coating resins at its site in Hoek van Holland (Netherlands). Source: Rainer Sturm/Pixelio

DSM Synres produces solvent-borne alkyd and acrylic coating resins at its site in Hoek van Holland (Netherlands). Source: Rainer Sturm/Pixelio

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