DSM completes sale of Protective Materials business

DSM, a global purpose-led science-based company, today announces the completion of the sale of its Protective Materials business to Avient Corporation

Heerlen, NL, 01 September 2022 07:00 CEST

Royal DSM, a global purpose-led science-based company, today announces the completion of the sale of its Protective Materials business to Avient Corporation for an Enterprise Value of €1.45 billion. The agreement was initially announced on 20 April 2022.

The transaction covers all of DSM’s Protective Materials activities, chiefly consisting of Dyneema®. DSM anticipates a book profit of around €1 billion. DSM will receive approximately €1.35 billion net in cash.