Roehm plans to buy PC sheets and films business from Sabic. The transaction should close during the first half of 2024.
Roehm, a major manufacturer of methacrylates, has agreed to acquire the Functional Forms business from Sabic. The deal is subject to antitrust authorities.
The deal sees Roehm add polycarbonate (PC) sheets and films to its PMMA sheets and films business.
“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.