Synthomer

London, United Kingdom Founded: 1863 • Age: 163 yrs
Developer and supplier of acrylic and vinyl emulsions polymers
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About Synthomer

Synthomer is a company based in London (United Kingdom) founded in 1863.. Synthomer has raised $370 million across 3 funding rounds. 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
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Synthomer Plc
Operational Areas
Chemicals & Materials → Advanced & Functional Materials
Chemicals & Materials → Polymers, Plastics & Petrochemicals
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

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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.

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $981,358
  • First Round

    (01 Jun 2016)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2020 Amount Grant - Synthomer Valuation

investors

Jun, 2018 Amount Debt – Conventional - Synthomer Valuation

investors

Jun, 2016 Amount Private Equity Round - Synthomer Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Synthomer

Synthomer has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include OMNOVA and Perstorp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Coated fabrics, performance films, and decorative laminates are manufactured.
1999
Specialty chemicals and sustainable methanol are manufactured for various industries.
1881
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Synthomer

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Synthomer Comparisons

Employees
+
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Competitors of Synthomer

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Synthomer

REG - Synthomer PLC - Holding(s) in Company
London Stock Exchange3 days ago
REG - Synthomer PLC - Receivables purchasing arrangement
London Stock Exchange1 month ago
REG - Synthomer PLC - Directorate change
London Stock Exchange1 month ago

Frequently Asked Questions about Synthomer

When was Synthomer founded?

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

Where is Synthomer located?

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

Who is the current CEO of Synthomer?

Calum Maclean is the current CEO of Synthomer.

Is Synthomer a funded company?

Synthomer is a funded company, having raised a total of $370M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $370M, raised on Jun 01, 2016.

How many employees does Synthomer have?

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

What is the annual revenue of Synthomer?

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

What does Synthomer do?

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.

Is Synthomer publicly traded?

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

How many acquisitions has Synthomer made?

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

What is Synthomer's ticker symbol?

The ticker symbol of Synthomer is SYNT on LSE.

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