M&A
confidence high
sentiment neutral
materiality 0.80
Avient acquires DSM Protective Materials Business for €1.38 billion
AVIENT CORP
- Purchase price of €1,380,300,000 for DSM Protective Materials Business, subject to customary locked-box adjustments.
- Acquisition includes shares of DSM Protective Materials B.V., International B.V., and DSM Protective Materials LLC plus certain assets.
- Closing subject to regulatory approvals; works council consultation completed June 22, 2022.
- Avient to pay additional daily amount of €207,000 per day from effective date to completion.
- Leakage provisions protect against value erosion; seller liable for additional leakage up to 9 months post-close.