Investment Summary

Westlake Invests In Universal Matter

On December 17, 2024, Westlake invested in chemicals company Universal Matter

Investment Highlights
  • This is Westlake’s 4th transaction in the Chemicals sector.
  • This is Westlake’s 1st transaction in Canada.
  • This is Westlake’s 1st transaction in Ontario.

Investment Summary

Date 2024-12-17
Target Universal Matter
Sector Chemicals
Investor(s) Westlake
Deal Type Stake Purchase

Target

Universal Matter

Burlington, Ontario, Canada
Universal Matter specializes in producing graphene-based products using their proprietary Flash Joule Heating (FJH) technology. Universal Matter is based in Burlington, Ontario.

Search 205,401 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Westlake

Houston, Texas, United States

Category Company
Founded 1986
Sector Chemicals
Employees15,520
Revenue 12.5B USD (2023)
DESCRIPTION
Westlake Chemical's corporate headquarters in Houston, Texas.
Westlake Chemical's corporate headquarters in Houston, Texas.

Westlake manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates through two segments, Olefins and Vinyls. Westlake was founded in 1986 and is based in Houston, Texas.


DEAL STATS #
Overall 10 of 10
Sector (Chemicals) 4 of 4
Type (Stake Purchase) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-24 Hexion - Global Epoxy Business

Columbus, Ohio, United States

Hexion's Global Epoxy Business is manufacturing and developing specialty resins, coatings, and composites for a variety of industries, including high-growth and sustainability-oriented end-uses such as wind turbine blades and light-weight automotive structural components. Hexion's Global Epoxy Business is based in Columbus, Ohio.

Buy $1.2B