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 1955
Sector Chemicals
Employees20,000
Revenue 41.1B USD (2023)
DESCRIPTION
LyondellBasell office in downtown Houston, Texas.
LyondellBasell office in downtown Houston, Texas.

LyondellBasell is a large plastics, chemicals and refining companies in the world. Driven by its 13,000 employees around the globe, LyondellBasell 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 sells products into approximately 100 countries and is the world's largest licensor of polyolefin technologies. LyondellBasell Industries was founded in 1955 and is based in Houston, Texas.


DEAL STATS #
Overall 12 of 12
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 9 of 9
Country (Germany) 1 of 1
Year (2024) 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 -