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PolyOne to acquire Clariant's masterbatch business for $1.6 billion

 Last Update: 2022-08-21
 Source: Internet
 Author: User

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Clariant has agreed to sell its masterbatch business to PolyOne for $1.
6 billion, which equates to 12.
2 times trailing 12-month EBITDA

Hariolf Kottmann, Executive Chairman of Clariant, said: "This announcement is an important milestone in our business path focused on market growth, higher margins and stronger cash flow

Clariant's Masterbatches business provides color and additive concentrates and performance solutions for plastics

plastic

Just three months ago, PolyOne sold its performance products and solutions unit to SK Capital Partners for $775 million

In 2011, the company also acquired ColorMatrix for $486 million

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