Celanese - M&A Summary and Business Overview

ChemicalsCompany

Celanese M&A Summary

Celanese has acquired 17 companies, including 5 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Celanese’s largest acquisition to date was in 2021, when it acquired ExxonMobil Chemical - Santoprene Business for $1.2B. Celanese has acquired in 6 different US states, and 9 countries. The Company’s most targeted sectors include chemicals (65%) and plastics (36%).

Celanese Business Overview

Where is Celanese headquartered?

Celanese is headquartered in Irving, Texas.

What is Celanese’s revenue?

Celanese disclosed revenue of 10,940M USD for 2023 and 9,673M USD for 2022.

How many employees does Celanese have?

Celanese has 12,400 employees.

What sector is Celanese in?

Celanese is a chemicals company.

When was Celanese founded?

Celanese was founded in 1918.

M&A Summary

  • M&A Total Activity18
    • M&A Buy Activity17
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 9
  • M&A Buy/Sell Connections 11
  • M&A Advisors 4

Celanese

Celanese Corp.

222 West Las Colinas Boulevard, Suite 900N,
Irving, Texas 75039
United States,
(972) 443-4000
www.celanese.com

Celanese is a global technology and specialty materials company. Celanese producer of acetyl products for nearly all major industries, as well as a global producer of high-performance engineered polymers that are used in a variety of high-value applications. The Company's product portfolio serves a diverse set of end-use applications including paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filtration applications, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications. Celanese was incorporated in 1918 and is based in Irving, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 13 1 2 1 - - 17
vol $819M $1.2B $11M $2.0B
Sell (0.0/yr) # 1 - - - - - 1
  18

Most Recent M&A

Company Date Value Type
DuPont's Mobility & Materials (“M&M”) Business 2022-02-18 11M USD Divestiture
Wilmington, Delaware
ExxonMobil Chemical Co. - Santoprene Business 2021-06-30 1.2B USD Divestiture
Spring, Texas
Grupa Azoty - POM Technology 2021-06-23 - Divestiture
Tarnow, Poland
Nouryon - Elotex Business 2020-01-30 - Divestiture
Amsterdam, Netherlands
Linde AG - Synthesis Gas Production Unit 2019-01-15 - Divestiture
Pasadena, Texas
Next Polymers Ltd. 2018-10-11 - Add-on Acquisition
Mumbai, India · www.nextpolymers.co.in
Omni Plastics, Inc. 2017-12-18 - Divestiture
Erie, Pennsylvania · www.omniplasticserie.com
Nilit Plastics 2017-02-01 - Divestiture
Migdal Haemek, Israel · www.nilit.com
SO.F.TER. SPA 2016-10-17 - Add-on Acquisition
Forli, Italy · www.softergroup.com
SOFTER SpA 2016-10-17 - Add-on Acquisition
Forli, Italy · www.softergroup.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Celanese EVA Performance Polymers, Inc.    - AT Plastics - AT Films business 2007-08-21 1
Edmonton, Alberta , United Kingdom

M&A by Sector

Sector Buy # Value Sell # Value
Chemicals 11 (65%) 2.0B (100%) 1 (100%) -
Plastics 6 (35%) - - -
Total 17 $2.0B 1 -

By Geo

State/Country Buy Value Sell Value
United States 7 1.4B - -
  Texas 2 1.2B - -
  Rhode Island 1 - - -
  Pennsylvania 1 - - -
  New Jersey 1 208M - -
  Delaware 1 11M - -
Germany 1 - 1 -
Italy 2 - - -
United Kingdom 2 119M - -
  Alberta 1 - - -
Canada 1 492M - -
  British Columbia 1 492M - -
India 1 - - -
Israel 1 - - -
Netherlands 1 - - -
Poland 1 - - -
Domestic 7 (41%) 1.4B (69%) - -
Cross-border 10 (59%) 611M (31%) 1 (100%) -
Total 17 $2.0B 1 -

Top M&A Advisors

Financial Deals
BofA Securities
 1
Goldman Sachs
 1
Legal Deals
Kirkland & Ellis
 2
Gibson, Dunn & Crutcher
 1

Deal Values

buy # Total
> $1B 1 $1.2B
$100M to $1B 3 $819M
< $100M 1 $11M
TOTAL $2.0B
Largest ExxonMobil Chemical Co. - Santoprene Business
$1.2B (2021-06-30)

M&A Connections

Deals
Acquired from
Investor(s)
6%
1 (6%)
Strategic(s)
53%
9 (53%)
Divested to
Investor(s)
100%
1 (100%)

Company Summary

SECTOR

Chemicals

Revenue

10,940   14% 2023
9,673   14% 2022
8,537   51% 2021
5,655   11% 2020
6,297   12% 2019
7,155   17% 2018
6,140   14% 2017
5,389   6% 2016
5,674   17% 2015
6,802   5% 2014
6,510   2% 2013
6,418   2012
(millions of USD) Show More Show Less

Employees

12,400

Established

1918

Public

NYSE: CE

 Subscribe to unlock this and 208,055
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Celanese

Texas Companies , Chemicals Companies , United States Companies , Texas Chemicals Companies , Texas Chemicals with Acquisitions , Texas Chemicals with Divestitures

Related Lists for Texas Companies

Largest Texas Companies , Acquisitive Texas Companies , Recently Acquired Texas Companies , Recently Sold Texas Companies , Private Texas Companies , Public Texas Companies , Acquired Texas Companies , PE Backed Texas Companies

Related Lists for Chemicals Companies

Largest Chemicals Companies , Acquisitive Chemicals Companies , Recently Acquired Chemicals Companies , Recently Sold Chemicals Companies , Private Chemicals Companies , Public Chemicals Companies , Acquired Chemicals Companies , PE Backed Chemicals Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal