Industry News, Mergers and Acquisitions, Suppliers News

Evonik Closes Sale of Methacrylates Business

The Methacrylates business has 15 production sites and 3,900 employees worldwide.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Evonik has closed the sale of its Methacrylates business as the next step in its consistent focus on specialty chemicals. The official closing of the transaction took place on July 31, following the signing of the purchase agreement earlier this year on March 4. The relevant anti-trust authorities had already granted their unrestricted approval.   The Methacrylates business has 15 production sites and 3,900 employees worldwide. From 2016 to 2018, the business generated an average annual EBITDA o...

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