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Platics materials mergers take slower pace in second half of 2022

Several materials deals managed to wrap up in a slower second half of 2022 for plastics mergers and acquisitions, including a major resin distribution transaction involving Avient Corp.

Medley new CEO of Valtris Specialty Chemicals

Materials firm Valtris Specialty Chemicals has named Simon Medley as its new CEO. Medley had been CEO of manufacturing firm Loparex LLC of Cary, N.C., since 2017.

Avient to sell resin distribution unit to private equity firm HIG

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.

Avient selling distribution business to private equity

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.

Private equity buyer HIG outbids rivals for Avient s resin distribution unit

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.

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