SABO acquired trade and assets through a carve out from Evonik

Fineurop Soditic acted as financial advisor to SABO S.p.A. in the acquisition of the TAA derivatives business and the production sites located in Marl, Germany and Liaoyang, China from Germany’s Evonik Industries AG.

Evonik (TAA derivatives business)

SABO is a leading global manufacturer of polymer additives, cosmetic ingredients, and specialty chemicals for industrial applications.

The acquisition, executed also through the newco SABO GmbH based in Marl, provides SABO with full integration over the entire production chain of HALS (Hindered Amine Light Stabilizers), strengthening its capabilities and consolidating its global leadership position in this strategic industry sector.

TAA and TAA derivatives are critical components in the manufacture of HALS. These additives protect and stabilize plastics and other substrates against photodegradation and enable their use outdoor. They cover a wide range of applications, such as automotive components, agricultural films, building materials and consumer goods.

The deal will add 250 employees and new cutting-edge technologies, proprietary processes, and integration of production assets in Germany, China and Italy, enabling SABO to consolidate its manufacturing position in the market.

The acquisition will provide SABO with an additional push to pursue its sustainable growth objectives.