M&A Deal Summary

LyondellBasell Acquires Mepol Group

On March 13, 2023, LyondellBasell acquired environmental company Mepol Group

Acquisition Highlights
  • This is LyondellBasell’s 1st transaction in the Environmental sector.
  • This is LyondellBasell’s 1st transaction in Italy.

M&A Deal Summary

Date 2023-03-13
Target Mepol Group
Sector Environmental
Buyer(s) LyondellBasell
Deal Type Add-on Acquisition

Target

Mepol Group

Riese Pio X, Italy
Mepol Group is a manufacturer of recycled, high-performing technical compounds located in Italy and Poland, consisting of Mepol S.r.l. and its subsidiaries Polar S.r.l. and Industrial Technology Investments Poland Sp.z.o.o. Mepol Group is based in Riese Pio X, Italy.

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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 9 of 12
Sector: Environmental M&A 1 of 2
Type: Add-on Acquisition M&A Deals 8 of 9
Country: Italy M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-30 Colortech

Manaus, Brazil

Colortech is a manufacturer of color concentrates, additive masterbatches, and mineral-filled compounds. The company aims to meet customer requirements with flexibility in the supply of products and services, using advanced technology at costs and deadlines compatible with their needs. It produces with quality and technology: Pigment Masterbatches, Flame Retardant Compounds, and provision of dyeing services in thermoplastic resins. Colortech is based in Manaus, Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-08 LyondellBasell - Ethylene Oxide & Derivatives Business

Houston, Texas, United States

LyondellBasell's Ethylene Oxide & Derivatives Business produces high-quality ethylene oxide and various derivatives. LyondellBasell's Ethylene Oxide & Derivatives Business is based in Houston, Texas.

Sell -