M&A Deal Summary

Ascend Performance Materials Acquires Eurostar Engineering Plastics

On January 5, 2021, Ascend Performance Materials acquired plastics company Eurostar Engineering Plastics

Acquisition Highlights
  • This is Ascend Performance Materials’ 2nd transaction in the Plastics sector.
  • This is Ascend Performance Materials’ 1st transaction in France.

M&A Deal Summary

Date 2021-01-05
Target Eurostar Engineering Plastics
Sector Plastics
Buyer(s) Ascend Performance Materials
Deal Type Add-on Acquisition

Target

Eurostar Engineering Plastics

Fosses, France
Eurostar Engineering Plastics develops and delivers engineering thermoplastic resins solutions to serve all market segments. The company recognition comes also from its unique know-how in the development and commercialization of halogen-free flame retardant polymers.

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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 3 of 5
Sector: Plastics M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 5
Country: France M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-12 Poliblend

Mozzate, Italy

Poliblend Spa is involved in the field of technopolymers and polyamide resins and is the founder of a solid group of companies that together form the Poliblend Group. The company produces and commercializes for the global market various basic engineering plastics (PA-PBT-POM), elastomerised, reinforced, loaded, self-extinguishing and lubricated compounds.

Buy -
FOLLOWING 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.

Buy -