Synthomer to acquire Omnova for €729m

London – Synthomer plc is to acquire Omnova Solutions Inc. a US-based supplier of polymers, dispersions and elastomers for £654 million (€729 million).

The transaction is expected to complete in late 2019 or early 2020, subject to approvals by Synthomer and Omnova shareholders as well as regulators.

The deal will create “a global speciality chemicals company with greater scale and a strong platform from which to invest in future growth,” said Synthomer’s 3 July announcement.

There is, it stated,…

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