Divestment
News Markets & Companies
Synthomer divests acrylate monomers business to Mutares
Synthomer has announced the divestment of its acrylate monomers business, marking a strategic move to simplify its portfolio and focus on speciality chemicals. The Czech-based business will transition...
News Markets & Companies
Syensqo considers sale of Performance & Care division to focus on speciality chemicals
Belgian chemicals company Syensqo is reviewing strategic options for its Performance & Care division, which serves coatings, personal care, and mining industries. The review aligns with the firm’s...
News Markets & Companies
Akzo Nobel announces sale of its Pakistan business to Packages Group
Akzo Nobel has reached an agreement to divest its Pakistan operations to Packages Group, marking a strategic move to streamline its global portfolio. The deal aligns with the company's focus on core markets...
News Markets & Companies
Haltermann Carless exits Oxo business with US production site divestment
In line with its RACE transformation programme, Haltermann Carless has completed the sale of its production site in Manvel, Texas, marking a strategic shift from the Oxo business. The company continues...
News Markets & Companies
Synthomer to divest William Blythe for approximately EUR 35 million
Synthomer is selling its inorganic chemistry business William Blythe to the company’s management team and private equity firm H2 Equity Partners. The deal is expected to close by the end of May 2025....
News Markets & Companies News
Akzo Nobel proposes to separate powder coatings business from its Indian subsidiary
Akzo Nobel has confirmed that it’s made an offer to acquire the powder coatings operations and International Research Center from its publicly listed subsidiary, Akzo Nobel India Limited.
News Markets & Companies
Merck: divesting pigments, investing in electronics
Merck has entered into an agreement to sell its global Surface Solutions business unit to Global New Material International Holdings (GNMI) for EUR 665 million.
News Markets & Companies
PPG divests traffic solutions operations in Australia and New Zealand
PPG has divested all traffic solutions operations in Australia and New Zealand to Geveko Markings, a pavement markings specialist headquartered in Sweden.
News Markets & Companies
Evonik sells TAA derivatives business to Sabo
With the sale of its TAA derivatives business to Sabo, Evonik is taking the next step in focusing its portfolio on specialty chemicals.
News Markets & Companies
BASF closes divestiture of its kaolin minerals business to Ka Min
BASF has closed the divestiture of its kaolin minerals business to Ka Min, a global performance minerals company headquartered in Macon, Georgia, United States, following the fulfillment of clearance conditions....
News Markets & Companies
Evonik about to divest its performance materials businesses
Evonik takes a next step of its strategic transformation: The company plans the the divestment of its performance materials businesses.
News Markets & Companies
PPG divests business activities in Africa to Océinde
PPG has agreed to divest certain business activities in Senegal, Ivory Coast, Cameroon, Gabon and Algeria to Océinde, an industrial group based in Réunion, France.
News Markets & Companies
Sika completes divestment of Industrial Coating Business
Sika has closed the transaction related to the divestment of the European industrial coatings business.
News Markets & Companies
Sasol sells European wax business to Awax Group
The South African energy and chemical company Sasol sells its German subsidiary Sasol Wax to Awax, an international group specialised in developing, producing and distributing wax products.