Avient Corporation announced it has completed the previously announced sale of its Distribution business to an affiliate of H.I.G. Capital for $950 million in cash, with expected after-tax proceeds of approximately $750 million. “Completing the sale of Distribution enables us to be modestly levered while advancing our specialty transformation with the recent acquisition of DSM’s Protective Materials business and the Dyneema brand,” said Robert M. Patterson, chairman, preside...