Westlake Chemical Mergers and Acquisitions Summary

Chemicals Company

Westlake Chemical has acquired 6 companies, including 2 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Westlake Chemical’s largest acquisition to date was in 2016, when it acquired Axiall for $3.8B. Westlake Chemical has acquired in 3 different US states, and 4 countries. The Company’s most targeted sectors include plastics (50%) and chemicals (34%).

Join Mergr and gain access to Westlake Chemical’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the chemicals sector.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 3
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 4
  • M&A Advisors 3

Westlake Chemical Corp.

2801 Post Oak Boulevard, Suite 600,
Houston, Texas 77056
United States,
(713) 960-9111
www.westlake.com

Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates through two segments, Olefins and Vinyls. Westlake Chemical was formed in 1985 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.4/yr) # 4 1 - 1 - - 6
vol $1.2B $3.8B $265M $5.2B
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
NAKAN 2018-09-25 265M USD Divestiture
Reims, France · www.nakan.com
Axiall Corp. 2016-06-10 3.8B USD Add-on Acquisition
Atlanta, Georgia · www.axiallcorp.com
Suzhou Huasu Plastics Co. Ltd. 2015-06-01 - Stake Purchase
Taicang, China · www.huasugroup.com
Vinnolit GmbH & Co. KG 2014-05-28 490M USD Add-on Acquisition
Ismaning, Germany · www.vinnolit.com
Vinnolit Holdings GmbH 2014-05-28 490M USD Add-on Acquisition
Ismaning, United States
CertainTeed - Pipe & Foundations Group 2013-03-06 175M USD Divestiture
Tampa, Florida
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Royal Building Products    - DaVinci Roofscapes LLC 2019-06-10 1
Woodbridge, Ontario · www.royalbuildingproducts.com Lenexa, Kansas · www.davinciroofscapes.com
Axiall Corp. 2016-06-10 Taiwan Chlorine Industries Ltd. 2017-04-11 1
Atlanta, Georgia · www.axiallcorp.com Kaohsiung, Taiwan

M&A by Sector

Sector Buy # Value Sell # Value
Plastics 3 (50%) 755M (14%) - -
Chemicals 2 (33%) 4.3B (82%) - -
Building Materials 1 (17%) 175M (3%) - -
Total 6 $5.2B - -

By Geo

State/Country Buy Value Sell Value
United States 3 4.5B - -
  Georgia 1 3.8B - -
  Florida 1 175M - -
China 1 - - -
France 1 265M - -
Germany 1 490M - -
Domestic 3 (50%) 4.5B (86%) - -
Cross-border 3 (50%) 755M (14%) - -
Total 6 $5.2B - -

Top M&A Advisors

Financial Deals
Deutsche Bank Corporate & Investment Banking
1
Goldman Sachs Investment Banking Division
1
Legal Deals
Cleary Gottlieb Steen & Hamilton LLP
1

Deal Values

buy # Total
> $1B 1 $3.8B
$100M to $1B 4 $1.4B
TOTAL $5.2B
Largest Axiall Corp.
$3.8B (2016-06-10)

M&A Connections

Deals %
Acquired from
PE Firm(s)
40%
2 40%
Strategic(s)
60%
3 60%

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