Industry News, Mergers and Acquisitions, Suppliers News

Arkema Announces Proposed Divestment of PMMA Business to Trinseo

The offer values this activity at €1,137 million – 9.3 times estimated 2020 EBITDA.

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By: Anthony Locicero

Copy editor, New York Post

Arkema’s PMMA activity is an integrated business, from production of methyl methacrylate to polymethyl methacrylate, marketed under the brands Plexiglas on the American continent and Altuglas in the rest of the world.    This activity benefits from leading commercial positions with products primarily dedicated to the automotive, construction, signs & displays, and sanitary ware markets.   The business under divestment is very competitive, employs some 860 people and operates 7 produc...

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