Synthomer

London, United Kingdom Founded: 1863 • Age: 163 yrs Acquired By Mutares
Developer and supplier of acrylic and vinyl emulsions polymers
Annual revenue $2.5B Latest available
Total funding $370.0M 3 rounds
Employees 4100 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Synthomer

Synthomer is a company based in London (United Kingdom) founded in 1863 was acquired by Mutares in June 2026. Synthomer has raised $370 million across 3 funding rounds from investors including Mutares. The company has 4,100 employees as of December 31, 2024. Synthomer has completed 2 acquisitions, including OMNOVA and Perstorp.

  • Headquarter London, United Kingdom
  • Employees 4100 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Chemicals & Materials
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Synthomer Plc
Operational Areas
Chemicals & Materials → Advanced & Functional Materials → Unlock Sub-Sector → Unlock Segment
Chemicals & Materials → Polymers, Plastics & Petrochemicals → Unlock Sub-Sector → Unlock Segment
Key Metrics
  • Annual Revenue
    $2.49 B (USD)
    2.38
    as on Dec 31, 2024
  • Net Profit
    -$90.96 M (USD)
    -8.36
    as on Dec 31, 2024
  • EBITDA
    $182.18 M (USD)
    5.36
    as on Dec 31, 2024
  • Total Equity Funding
    $370 M (USD)

    in 3 rounds

  • Latest Funding Round
    $981.36 K (USD), Grant

    Jul 29, 2020

  • Investors
  • Employee Count
    4100

    as on Dec 31, 2024

  • Investments & Acquisitions
    OMNOVA

    & 1 more

  • Acquired by
    Mutares

    (Jun 19, 2026)

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IPO & Listings of Synthomer

Synthomer is a publicly listed company on the LSE with ticker symbol SYNT in UK, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: LSE · Ticker: SYNT · Sector: Process industries · UK

People of Synthomer

Headcount 1000-5000
Employee Profiles 183
Employee Profiles
People
Bryan Corbin
Director Of Financial Planning And Analysis
People
Edgar van Velsen
Vice President HR Coatings & Construction Solutions And EMEA
People
Daniel Dunmeyer
Human Resources Director
People
Richard Atkinson
Chief Counsel & Company Secretary

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Funding Insights of Synthomer

Synthomer has successfully raised a total of $370M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $981.36 thousand completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Synthomer

Synthomer has secured backing from 1 investor. Prominent investors backing the company include Mutares.

All
Investor Description Founded Year Domain Location
Private equity fund focused on investing through acquisitions
Locked Locked Locked
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Investor details for Synthomer

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Investments & Acquisitions by Synthomer

Synthomer has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include OMNOVA and Perstorp.

Investments
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Investment portfolio details for Synthomer

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Coated fabrics, performance films, and decorative laminates are manufactured.
Locked Locked 1999 Locked
Specialty chemicals and sustainable methanol are manufactured for various industries.
Locked Locked 1881 Locked
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Complete acquisition details for Synthomer

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Financial Statements - Synthomer

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Detailed financials for Synthomer

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Synthomer Comparisons

Synthomer Primary company
Description
Developer and supplier of acrylic and vinyl emulsions polyme...
Location
London, United Kingdom
Founded Year
1863
Annual Revenue
$2.49 B (USD)
Net Profit
-$90.96 M (USD)
EBITDA
$182.18 M (USD)
Employees
4,100
As of 2024
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Peer comparison for Synthomer

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Competitors of Synthomer

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Detailed competitors of Synthomer

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Latest news on Synthomer

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Complete news archive for Synthomer

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Frequently Asked Questions about Synthomer

Synthomer was founded in 1863 and raised its 1st funding round 153 years after it was founded.

Synthomer is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Calum Maclean is the current CEO of Synthomer.

Synthomer is a funded company, having raised a total of $370M across 3 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Synthomer is 4,100.

Annual revenue of Synthomer is $2.49B as on Dec 31, 2024.

Synthomer develops and supplies acrylic and vinyl emulsions polymers. Its polymers have application in developing coatings, construction materials, textiles, paper, and synthetic latex gloves. Additionally, it develops PSA packaging tapes, sealants, glues, carpets, coatings, additives, flooring adhesives, technical textiles, etc. The company acquired Hexion in 2016 for its adhesives and coatings business.

Yes, Synthomer is publicly traded on LSE under the ticker symbol SYNT.

Synthomer has made 2 acquisitions, including OMNOVA, and Perstorp.

Synthomer has 1 investor. Key investors include Mutares.

The ticker symbol of Synthomer is SYNT on LSE.

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