Trinseo Acquires Arkema’s PMMA Business
- Trinseo completed acquisition of Arkema's PMMA (polymethyl methacrylates) business, including MMA products and technologies.
- Deal is expected to generate approximately $50 million of annual synergies.
- Acquisition adds about 860 employees and seven manufacturing plants plus three R&D locations in Europe and North America.
- Trinseo appointed Jean-Luc Béal as Senior Vice President, Engineered Materials.
Transaction overview
Trinseo completed the acquisition of Arkema’s PMMA (polymethyl methacrylates) business, adding transparent, rigid PMMA resins used across automotive, building & construction, medical and consumer electronics end markets.
Strategic and operational impact
The deal is designed to accelerate Trinseo’s shift toward higher‑margin engineered materials, target approximately $50 million of annual synergies, enable further investments in the Engineered Materials business and create opportunities to serve existing customers in the Asia‑Pacific region; the acquisition also will trigger an IT systems upgrade to harmonize processes across regions and business units.
Scope of assets and personnel
The acquisition brings PMMA and MMA products and technologies via seven manufacturing plants and three R&D locations in Europe and North America, and adds about 860 employees from operations in France, Denmark, Italy, the United States and Mexico, plus additional global sales and marketing staff.
Leadership
Trinseo appointed Jean‑Luc Béal as Senior Vice President, Engineered Materials, who will join the company’s management team.
Source: businesswire.com