M&A Deal Summary

Trinseo Acquires API

On June 15, 2017, Trinseo acquired plastics company API

Acquisition Highlights
  • This is Trinseo’s 1st transaction in the Plastics sector.
  • This is Trinseo’s 1st transaction in Italy.

M&A Deal Summary

Date 2017-06-15
Target API
Sector Plastics
Buyer(s) Trinseo
Deal Type Add-on Acquisition

Target

API

Mussolente, Italy
API S.p.A (Applicazioni Plastiche Industriali) is a provider in the production of thermoplastic elastomeric compounds and bioplastics. API S.p.A (Applicazioni Plastiche Industriali) was established in 1956 and is headquartered in Mussolente, Italy.

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Buyer(S) 1

Buyer

Trinseo

Wayne, Pennsylvania, United States

Category Company
Founded 2015
Sector Plastics
Employees2,950
Revenue 3.5B USD (2024)
DESCRIPTION

Trinseo is a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainably focused manner by combining its premier expertise, forward-looking innovations, and best-in-class materials to unlock value for companies and consumers. From design to manufacturing, Trinseo taps into decades of experience in diverse material solutions to address customers’ unique challenges in a wide range of industries, including building and construction, consumer goods, medical and mobility. Trinseo was founded in 2015 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 1 of 4
Sector: Plastics M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Italy M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS 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.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-14 Arkema - PMMA Business

Colombes, France

Arkema's PMMA Business comprises of products and established brand names such as Plexiglas in the Americas, Altuglas, Solarkote, and Oroglas, a significant amount of technical services and niche applications, strong long-term customer relationships, and targeted growth in its primary market segments through customer intimacy, innovation, and technical service. Arkema's PMMA Business is based in Colombes, France.

Buy €1.1B