M&A Deal Summary

Ascend Performance Materials Acquires Circular Polymers

On November 8, 2022, Ascend Performance Materials acquired environmental company Circular Polymers

Acquisition Highlights
  • This is Ascend Performance Materials’ 1st transaction in the Environmental sector.
  • This is Ascend Performance Materials’ 1st transaction in the United States.
  • This is Ascend Performance Materials’ 1st transaction in California.

M&A Deal Summary

Date 2022-11-08
Target Circular Polymers
Sector Environmental
Buyer(s) Ascend Performance Materials
Deal Type Add-on Acquisition

Target

Circular Polymers

Lincoln, California, United States
Circular Polymers is a recycler of post-consumer, high-performance polymers including polyamide 6 and 66, polypropylene and polyester (PET). Circular Polymers was founded in 2022 and is based in Lincoln, California.

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Buyer(S) 1

Buyer

Ascend Performance Materials

Houston, Texas, United States

Category Company
Founded 2009
Sector Chemicals
Employees3,000
DESCRIPTION

Ascend Performance Materials is a provider of proprietary technologies that are central to the production of nylon, plastics, and synthetic fibers found in thousands of commercial and industrial products, including carpet, tires and apparel, as well as agricultural products, animal feed, and personal care products. Ascend Performance Materials was founded in 2009 and is based in Houston, Texas.


DEAL STATS #
Overall 5 of 5
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 5 of 5
State (California) 1 of 1
Country (United States) 1 of 1
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-29 FPL

Chennai, India

FPL is an engineered materials manufacturer that designs and manufactures an extensive range of Engineering Thermoplastic Compounds and Solutions for a large and diverse market. FPL was founded in 1991 and is based in Chennai, India.

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