Mutares completes the acquisition of Synthomer a.s. from Synthomer plc to grow further the Chemicals & Materials segment
- Leading European producer and supplier of high-quality acrylic solutions
- Revenues of approximately EUR 110 million (carve-out revenues)[1] in 2025 with around 300 employees
- New platform acquisition strengthening the Chemicals & Materials segment
Munich, September 30, 2026 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Synthomer a.s. (“Synthomer”), a leading European producer and supplier of high-quality acrylic solutions, from Synthomer plc in a carve-out transaction.
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 set-up, enabling the dynamic optimization of product mix and margins.
In 2025, Synthomer a.s. generated revenues of approximately EUR 110 million (carve-out revenues) and employed around 300 people. The business provides a strong basis for further development, supported by substantial operational and commercial optimization potential and a clear path towards profitable growth.
The acquisition of Synthomer a.s. represents a strategic platform investment for Mutares’ Chemicals & Materials segment. The transaction is fully aligned with Mutares’ strategy of acquiring businesses with significant operational improvement potential from special situations, and provides a clear path towards substantial value creation.
[1] Carve-out revenues represent the total revenues of the business being divested, including intercompany sales, as it would be reported on a standalone basis.