Versalis Acquires Remaining 64% Stake in Novamont from Mater-Bi

April 28, 2023

Versalis, Eni's chemical company, has signed an agreement to acquire the remaining 64% of Novamont held by Mater-Bi (controlled by Investitori Associati II and NB Renaissance), giving Versalis full ownership of Novamont. The deal aims to integrate Novamont's renewable-chemistry platform into Versalis to accelerate capability expansion and decarbonize Versalis' product portfolio; closing is subject to regulatory approvals.

Buyers
Versalis
Targets
Novamont
Sellers
Mater-Bi, Investitori Associati II, NB Renaissance
Industry
Manufacturing
Location
Piedmont, Italy
Transaction Type
Buyout

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