DSM sells alkyd & acrylic coating resins production site

Royal DSM, the global Life Sciences and Materials Sciences company, has finalised the sale of DSM Synres to Standard Investment, a private equity firm focused on small and medium sized enterprises. The divestment was announced on December 17, 2014.

DSM Synres produces solventborne alkyd and acrylic coating resins at its site in Hoek van Holland (The Netherlands) for the global coatings, adhesives and graphic arts markets since 1947 and realised sales of approximately €50M with around 80 employees.