Announced
Completed
Financials
Tags
Acquisition
Private Equity
France
Diversified Industrials
Private
Completed
compounding solutions
Majority
Friendly
Single Bidder
Synopsis
Westlake Chemical, an international manufacturer and supplier of petrochemicals, polymers and building products with headquarters in Houston, completed the acquisition of NAKAN, a global compounding solutions business, from OpenGate Capital for $265m. "The combination of NAKAN with Westlake’s existing compounding business will present an excellent strategic fit. It will allow us to expand our compounding business globally and add important specialty products and technology to our existing portfolio. NAKAN is an impressive business with an outstanding reputation for meeting customer needs with superior technology, product quality, and operating excellence. We look forward to working with their talented team once they join the Westlake family of companies," Albert Chao, Westlake President and Chief Executive Officer.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.