Industry News, Ink Manufacturers News, Mergers and Acquisitions

PolyOne to Divest Designed Structures and Solutions Business

Enters into agreement with Arsenal Capital Partners for $115 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

PolyOne Corporation announced it has entered into a definitive agreement whereby the company will sell its Designed Structures and Solutions (DSS) business, which includes sheet, rollstock and packaging assets, to Arsenal Capital Partners for $115 million.   “The decision to divest DSS comes after evaluating several strategic options for the business and concluding this is the best course of action for our customers, associates and shareholders,” said Robert M. Patterson, chairman, president a...

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