Industry News, Mergers and Acquisitions, Suppliers News

Kraton Corporation Enters Into Definitive Agreement To Be Acquired By DL Chemical

As part of the transaction, DL Chemical has conveyed that they have fully committed financing.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, announced that it has entered into a definitive merger agreement pursuant to which DL Chemical Co., Ltd., a subsidiary of DL Holdings Co., Ltd., will acquire 100% of Kraton in an all-cash transaction implying an enterprise value of approximately $2.5 billion. Under the terms of the merger agreement, Kraton stockholders will receive $46.50 ...

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