M&A Deal Summary

LyondellBasell Acquires APK

On August 22, 2024, LyondellBasell acquired plastics company APK

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

M&A Deal Summary

Date 2024-08-22
Target APK
Sector Plastics
Buyer(s) LyondellBasell
Deal Type Add-on Acquisition

Target

APK

Merseburg, Germany
APK is a provider in the production of high-quality plastics from post-industrial and post-consumer plastic waste. APK was formed in 2008 and is headquartered in Merseburg, Germany.

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Buyer(S) 1

Buyer

LyondellBasell

Houston, Texas, United States

Category Company
Founded 2007
Sector Chemicals
Employees20,000
Revenue 40.3B USD (2024)
DESCRIPTION
LyondellBasell office in downtown Houston, Texas.
LyondellBasell office in downtown Houston, Texas.

LyondellBasell is a plastics, chemicals and refining company that produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road. LyondellBasell was founded in 2007 and is based in Houston, Texas.


DEAL STATS #
Overall 12 of 12
Sector: Plastics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 9
Country: Germany M&A 1 of 1
Year: 2024 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 PreZero - Mechanical Recycling Assets & Plans Operations

California, United States

PreZero's Mechanical Recycling Assets & Plans Operations provides rigid plastics recycling services.

Buy -