Mutares SE & Co. KGaA signed an agreement on June 19, 2026, to acquire Synthomer a.s., a leading European producer and supplier of high-quality acrylic solutions, from Synthomer plc in a carve-out transaction. Closing is expected at the end of the third quarter of 2026, subject to customary closing conditions.
Synthomer a.s. produces and supplies acrylic acids and acrylic esters, serving a wide range of industrial applications. The company benefits from an integrated product portfolio combined with a highly flexible and efficient production setup, enabling dynamic optimization of product mix and margins. In 2025, the business generated revenues of approximately 110 million euros on a carve-out basis and employed around 300 people.
The acquisition represents a strategic platform investment for Mutares Chemicals & Materials segment. Johannes Laumann, CIO of Mutares, commented: "Synthomer is precisely the type of opportunity our investment strategy is built for: a high-quality industrial business in transition, with a strong market position and clear, identifiable improvement levers."
