Versalis announces that from today it holds the entire share package of Novamont, of which it already owned 36%. The operation, announced on April 28th and authorized by the competent authorities, concluded today with the acquisition of 64% of the Novamont share package from Mater-Bi, a company controlled by Investitori Associati II and NB Renaissance.
Novamont, of which Catia Bastioli remains CEO, is a benefit company, world leader in the production of bioplastics and in the development of biochemicals and bioproducts through the integration of chemistry, environment and agriculture and is certified B Corporation. Novamont has 650 employees, headquarters in Novara and production plants in Terni, Bottrighe (RO) and Patrica (FR) and research laboratories in Novara, Terni and Piana di Monte Verna (CE), as well as the Matrìca site in Porto Torres (SS) in a 1.500/40 joint venture with Versalis, and to a company with Coldiretti for the development and distribution of agricultural solutions. It holds approximately XNUMX patents and patent applications, is active abroad with offices in Germany, France, Spain and the United States and has a network of distributors in over XNUMX countries around the world. Following the acquisition of a Norwegian company which is a world leader in the development, production and marketing of certified biodegradable and compostable applications it also has a production plant in Estonia.
«The acquisition of Novamont will allow us, through the integration of the two portfolios, to accelerate our strategy in the direction of chemistry from renewable sources. Today the process of integrating our businesses begins, which will enhance people's skills and which will lead us to the definition of an industrial plan that will leverage a unique technological platform and an increasingly low-carbon product portfolio, in line with the strategy Versalis and with Eni's energy transition path" declared Adriano Alfani, CEO of Versalis.