Arkema has completed the divestment of its Sunclear plastic and aluminum sheet distribution business to BF Invest, its long-term trading party. The business that belongs to the French company’s PMMA arm and employs 354 people has annual sales of around €180 million and an enterprise value of €105 million. Arkema said the divestment of Sunclear is part of its program to shed assets worth €700 and refocus on core businesses.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
BASF sells a majority stake in its coatings business to the investor Carlyle.
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
Compelling solutions through strategic partnerships
Ineos CEO Ineos calls on European politicians to save the chemical industry.
