Trinseo to buy Aristech Surfaces in $445M deal

  • Trinseo (NYSE:TSE) agrees to acquire Aristech Surfaces from Falcon Private Holdings for $445M, which it says is a step towards its goal of becoming a global specialty materials and sustainable solutions provider.
  • Aristech Surfaces is a North American manufacturer and global provider of polymethyl methacrylates continuous cast and solid surface sheets, serving the wellness, architectural, transportation and industrial markets.
  • Trinseo expects the deal will generate $10M in annual pretax cost synergies by 2024 and additional revenue synergies by leveraging its footprint and customer relationships in North America, Europe and Asia.