Acquisition History / Orinko Advanced Materials / Omikron
Orinko Advanced Materials Acquires Omikron
Announced an undisclosed date — $23.4M
What happened
China's Orinko acquired 70% of Italian polymer compounds company Omikron from the Borio and Rizzi families (previous holders: Polinvest 77.94%, Giancarlo Rizzi 10.93%, Alberto Borio 5.46%, Gloria Giaccone 5.46%) for €20 million.
- Acquirer
- Orinko Advanced Materials
- Target
- Omikron
- Announced
- an undisclosed date
- Price
- $23.4M
- Industry
- Polymer compounds / plastics for automotive
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Orinko Advanced Materials acquire Omikron?
Orinko Advanced Materials acquired Omikron on an undisclosed date. This was Orinko Advanced Materials's 1st publicly tracked acquisition out of 1 we have on record.
How much did Orinko Advanced Materials pay for Omikron?
Orinko Advanced Materials paid $23.4M for Omikron.
What does Omikron do?
China's Orinko acquired 70% of Italian polymer compounds company Omikron from the Borio and Rizzi families (previous holders: Polinvest 77.94%, Giancarlo Rizzi 10.93%, Alberto Borio 5.46%, Gloria Giaccone 5.46%) for €20 million.
What other Polymer compounds / plastics for automotive companies has Orinko Advanced Materials acquired?
Omikron is Orinko Advanced Materials's only publicly tracked acquisition in Polymer compounds / plastics for automotive so far.