M&A Deal Summary

Ascend Performance Materials Acquires Poliblend

On February 12, 2020, Ascend Performance Materials acquired plastics company Poliblend

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

M&A Deal Summary

Date 2020-02-12
Target Poliblend
Sector Plastics
Buyer(s) Ascend Performance Materials
Deal Type Add-on Acquisition

Target

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.

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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 2 of 5
Sector: Plastics M&A 1 of 3
Type: Add-on Acquisition M&A Deals 2 of 5
Country: Italy M&A 2 of 2
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-12 Esseti Plast GD Srl

Mozzate, Italy

Esseti Plast GD Srl operates in the field of technical polymers with a strong focus and specialization in the field of polyamide resins.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 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.

Buy -