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The initiated strategic review is focused on accelerating growth, sharpening capital allocation, and maximizing value creation.
May 22, 2026
By: Rachel Klemovitch
Assistant Editor
Syensqo has initiated a strategic review of its Performance & Care segment. This is aligned with Syensqo’s intention to focus on becoming a pure play specialty materials and advanced technologies company, with a greater exposure to structurally attractive end markets including aerospace and defense, electronics, healthcare, energy, and advanced mobility applications.
Syensqo’s Performance & Care segment, which includes the Novecare and Technology Solutions global business units, is a global leader in surface chemistry solutions and specialty mining reagents serving the consumer care, agro, coatings, and mining end markets.
In 2025, the segment generated net sales of €2.0 billion and an underlying EBITDA of €358 million.
“Since the start of the year, and along with the Board, we have undertaken a strategic assessment of our long-term direction and value creation priorities. In addition, we are fully focused on accelerating our growth trajectory, driving more consistent execution, sharpening our capital discipline as well as improving cash flow delivery,” said Mike Radossich, Chief Executive Officer of Syensqo.
“Today’s announcement reflects our intention to further sharpen our portfolio, increase our focus on technologies where we see the strongest long-term growth opportunities and drive sustained, innovation-led differentiation. Accordingly, we will now evaluate a range of strategic options for the Performance & Care segment, with an emphasis on maximizing long-term value for our shareholders.”
Syensqo has not set a defined timetable for the strategic review and will provide further updates when appropriate.
In addition, there can be no assurance or certainty that this process will result in any transaction, nor as to the terms or structure of any transaction.
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