Kraton Corp. recently announced that the merger pursuant to which DL Chemical Co., Ltd. acquired Kraton was completed on March 15, 2022. DL Chemical acquired Kraton in an all-cash transaction valued at approximately $2.5 billion.
Kraton reports that the merger enables it to strengthen its global presence by leveraging DL Chemical’s manufacturing capabilities and footprint in the Asian market, along with its financial strength, allowing Kraton to further invest in sustainable innovation. The merger also accelerates both DL Chemical’s and Kraton’s vision of being a global leader of specialty chemicals.