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April 5, 2023
TPS specialises in materials and technologies for the manufacturing of plastics used in the healthcare, consumer, transportation and aerospace sectors
November 2, 2022
The Distribution business was acquired for $950 million in cash, with expected after-tax proceeds of approximately $750 million.
November 1, 2022
/PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading global provider of specialized and sustainable material solutions, today announced it has completed...
August 18, 2022
Private equity firm HIG Capital has plans to grow Avient Corp.'s distribution unit, which it is acquiring for $950 million in cash.
August 12, 2022
One of the largest resin distributors in North America has a new owner. Avient Corp. announced Aug. 12 that it is selling its distribution unit to an affiliate of private equity firm HIG Capital for $950 million in cash.
July 26, 2022
Second quarter sales grew to $1.3 billion, a 5% increase over the prior year quarter, and an all-time quarterly record GAAP EPS increased 24% to $0.92 compared...
April 20, 2022
/PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, today announced that it has entered into...
April 20, 2022
In conjunction with the proposed $1.485 billion acquisition, the Avon Lake-based company said it will explore sale options for its Avient Distribution business. Key to the DSM acquisition is the Dyneema ultra-lightweight specialty fiber brand, which has six production facilities, four R&D centers and about 1,000 employees worldwide.