---
schema_version: "secwatch.filing_event.v1"
accession: "0001122976-22-000016"
form_type: "8-K"
ticker: "AVNT"
cik: "0001122976"
company_name: "AVIENT CORP"
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:05:17.842839+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Avient to acquire DSM Protective Materials (Dyneema) for $1.485B; Q1 adj. EPS beats guidance

## Summary
- Q1 sales $1.3B (+11% YoY); GAAP EPS $0.91; adj. EPS $0.99, beating $0.95 guidance.
- Acquisition of Dyneema for ~$1.485B (€1.38B); 2022E sales $415M, EBITDA $130M; EPS accretive ~$0.35.
- Plans to explore sale of Distribution business to keep leverage ~2.9x and raise EBITDA margins to 18%.
- Full-year adj. EPS guidance maintained at $3.50 (ex-acquisition); FCF raised to ~$285M.
- Closing expected late 2022; committed financing from Morgan Stanley and J.P. Morgan.

## SEC filing metadata
- accession: 0001122976-22-000016
- form_type: 8-K
- ticker: AVNT
- cik: 0001122976
- company_name: AVIENT CORP
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1122976/000112297622000016/0001122976-22-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1122976/000112297622000016/avnt-20220419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001122976-22-000016
- JSON: https://secwatch.observer/filing/0001122976-22-000016.json
- Plain text: https://secwatch.observer/filing/0001122976-22-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.