Avient announces agreement to acquire dsm protective materials (dyneema®) and plans to explore sale of distribution

Cleveland, april 20, 2022 /prnewswire/ -- avient corporation (nyse: avnt), a leading provider of specialized and sustainable material solutions, today announced that it has entered into an agreement with royal dsm ("dsm") to purchase the dsm protective materials business (including the dyneema® brand) (the "dyneema business"). the purchase price of $1.485 billion is subject to certain customary adjustments.
AVNT Ratings Summary
AVNT Quant Ranking