Roehm, a major manufacturer of methacrylates, has agreed to acquire the Functional Forms business from Sabic. The deal is subject to antitrust authorities.
“We are very excited to have found a strong partner with whom we can grow together,” explains Roehm’s CEO Michael Pack.
Sabic’s Functional Form business has a broad portfolio of PC sheets and films, including the LEXAN brand. The business has 700 employess globally, operating in 19 coutries. The new combined company should have sales of more than €700m.