Technological watch

Versalis and Mater-Bi: negotiations in final stages for Versalis’ acquisition of Novamont, a leader in the chemicals from renewables business

Versalis, Eni’s chemical company and 36% shareholder of Novamont, and Mater-Bi, a company controlled by Investitori Associati II and NB Renaissance, shareholder of Novamont’s remaining 64%, announce exclusive negotiations to finalise the acquisition by Versalis of Novamont’s entire share package.

Novamont is one of the leading international companies in the chemistry from renewables business, particularly in biodegradable and compostable bioplastics.

Versalis is the first Italian chemical company and an international leader in the sector, whose strategy is strongly aimed at portfolio specialization through chemistry from renewables.

Publication date: 17/04/2023

Author: Marion Kupfer

Bio-based News


This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 870292.