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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. ....

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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. ....

United States , Avon Lake , Robert Patterson , Dow Inc , Avient Corp , Lyondellbasell Industries , North America , Ohio Based Avient , Valtris Specialty Chemicals , Ohio Based Valtris ,

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. ....

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