Trinseo S.A.

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Debt Financing / Related, Other Pre-Announcement

Trinseo To Acquire Aristech Surfaces Llc As Part Of Its Transformation To A Specialty Materials And Sustainable Solutions Provider

Published: 07/19/2021 21:50 GMT
Trinseo S.A. (TSE) - Trinseo to Acquire Aristech Surfaces Llc As Part of Its Transformation to a Specialty Materials and Sustainable Solutions Provider.
Trinseo Sa - Deal for Purchase Price of $445 Million.
Trinseo Sa - Transaction is Expected to Be Growth, Margin and Cash Flow Accretive.
Trinseo Sa - Transaction is Expected to Generate About $10 Million in Annual Pretax Cost Synergies by 2024.
Trinseo Sa - Deal Expected to Generate Additional Revenue Synergies by Leveraging Co's Footprint, Customer Relationships in N. America, Europe, Asia.
Trinseo Sa - Transaction is Expected to Be Funded With Cash on Hand and Existing Credit Facilities.