DKSH Performance Materials is set to acquire APN Plastics to enhance its specialty chemicals business in Australia and Malaysia.

Target Information

APN Plastics Holdings Pty Ltd Group and APN Plastics Pty Ltd, collectively referred to as APN Plastics, is a well-established distributor headquartered in Melbourne, Australia. Founded in 2005, the company has over 20 years of experience in the specialty polymer distribution industry and expanded its operations to Malaysia in 2015. Serving approximately 270 customers, APN Plastics has a diversified clientele that spans across countries including Australia, China, Malaysia, Singapore, and Taiwan.

APN Plastics specializes in various markets, including medical, infrastructure, transportation, consumer appliances, specialty packaging, and irrigation. Known for its extensive technical expertise, the company is particularly notable in the biomedical and engineering plastics sectors, generating annual net sales exceeding CHF 25 million. DKSH Performance Materials plans to acquire APN Plastics in its entirety and integrate it into its existing operations.

Industry Overview in Australia

The specialty chemicals market in Australia has been experiencing robust growth, driven by increased demand across various sectors, including healthcare, construction, and manufacturing. As industry standards evolve, there is a ris