M&A Deal Summary

Celanese Acquires Next Polymers

On October 11, 2018, Celanese acquired plastics company Next Polymers

Acquisition Highlights
  • This is Celanese’s 6th transaction in the Plastics sector.
  • This is Celanese’s 1st transaction in India.

M&A Deal Summary

Date 2018-10-11
Target Next Polymers
Sector Plastics
Buyer(s) Celanese
Deal Type Add-on Acquisition

Target

Next Polymers

Mumbai, India
Next Polymers Ltd. is a provider of domestic engineering thermoplastics (ETP) compounders. Next Polymers Ltd. was founded in 2006 and is based in Mumbai, India.

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Buyer(S) 1

Buyer

Celanese

Irving, Texas, United States

Category Company
Founded 1918
Sector Chemicals
Employees12,163
Revenue 10.3B USD (2024)
DESCRIPTION
Entrance to Celanese's corporate headquarters in Irving, Texas.
Entrance to Celanese's corporate headquarters in Irving, Texas.

Celanese is a 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 formed in 1918 and is based in Irving, Texas.


DEAL STATS #
Overall 12 of 17
Sector: Plastics M&A 6 of 6
Type: Add-on Acquisition M&A Deals 8 of 8
Country: India M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-18 Omni Plastics

Erie, Pennsylvania, United States

Omni Plastics, Inc. is engages in molding, assembling, and producing thermoplastic components and parts. Omni Plastics was founded in 1979 and is based in Erie, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-15 Linde AG - Synthesis Gas Production Unit

Pasadena, Texas, United States

Linde AG - Synthesis Gas Production Unit is a production of synthesis gas. Syngas can be produced from many sources, including natural gas, coal, biomass, or virtually any hydrocarbon feedstock, by reaction with steam or oxygen. Syngas is a crucial intermediate resource for the production of acetic acid, hydrogen, ammonia, methanol, and synthetic hydrocarbon fuels.

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