DSM completes sale of Engineering Materials business

Royal DSM announces the completion of the sale of its Engineering Materials business to Advent International and LANXESS for an Enterprise Value of €3.85 billion.

Heerlen (NL), 3 April 2023

Royal DSM, a global purpose-led science-based company, today announces the completion of the sale of its Engineering Materials business to Advent International and LANXESS for an Enterprise Value of €3.85 billion. The agreement was initially announced on 31 May 2022.

The transaction covers all of DSM’s Engineering Materials activities and marks the conclusion of DSM’s divestment of its Materials businesses in order to focus on Health and Nutrition. DSM anticipates a book profit on the sale of Engineering Materials of around €2.7 billion. DSM will receive approximately €3.5 billion net in cash.