M&A Deal Summary

Celanese Acquires Future Advanced Composites & Technologies

On December 21, 2009, Celanese acquired plastics company Future Advanced Composites & Technologies from Ravago SA

Acquisition Highlights
  • This is Celanese’s 1st transaction in the Plastics sector.
  • This is Celanese’s 1st transaction in Germany.

M&A Deal Summary
Date 2009-12-21
Target Future Advanced Composites & Technologies
Sector Plastics
Buyer(s) Celanese
Sellers(s) Ravago SA
Deal Type Divestiture

Target

Future Advanced Composites & Technologies

Kaiserslautern, Germany
FACT is a producer of long-fiber reinforced thermoplastics (LFT) used in injection moulding, extrusion, compression moulding and blow moulding applications.

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Buyer(S) 1

Buyer

Celanese

Irving, Texas, United States
Category Company
Founded 1918
Sector Chemicals
Employees12,400
Revenue 10.9B USD (2023)
DESCRIPTION
Entrance to Celanese's corporate headquarters in Irving, Texas.
Entrance to Celanese's corporate headquarters in Irving, Texas.

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.

DEAL STATS #
Overall 5 of 17
Sector (Plastics) 1 of 6
Type (Divestiture) 1 of 9
Country (Germany) 1 of 1
Year (2009) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-01 Celanese EVA Performance Polymers

Edmonton, Alberta, United Kingdom

Celanese EVA (ethylene vinyl acetate) polymers is a North American manufacturer of a full range of EVA copolymers. Celanese EVA polymers is based in Dallas, Texas, and its manufacturing plant is located in Edmonton, Alberta, Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-03 Ashland - Vinac & Flexbond Buisness

United States

Ashland - Vinac & Flexbond branded products are used to make a variety of adhesives for use in woodworking and paper packaging and converting applications and Flexbond whose branded products are used to make interior and exterior architectural paints.

Buy -

Seller(S) 1

SELLER

Ravago SA

Luxembourg, Luxembourg
Category Company
Sector Plastics
DESCRIPTION

Ravago operates plastic compounding and resin distribution businesses worldwide.

DEAL STATS #
Overall 1 of 2
Sector (Plastics) 1 of 1
Type (Divestiture) 1 of 2
Country (Germany) 1 of 1
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-26 Univar - Performance Polymers Business

Leominster, Massachusetts, United States

Univar - Performance Polymers (PPI) Business is a full-service distributor of plastics resins. It was founded in Leominster, Mass. in 1989. The company quickly grew as a distributor with a reputation for prompt, personal service. Over the years, PPI added key product lines to complement its strength in commodity resins.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-19 Styron - EPS Business

Schkopau, Germany

Styron - EPS consists of an EPS plant in Schkopau, Germany, as well as related intellectual property and the Sconapor brand name.

Buy -
Mergr

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