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New Deal


Announced

Completed

Westlake completed the acquisition of Dimex from Grey Mountain Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Completed

Majority

Domestic

Private

Friendly

Private Equity

Acquisition

Waste and Disposal Services

recycled plastic

United States

Synopsis

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Westlake, a manufacturer and supplier of materials and innovative products, completed the acquisition of Dimex, a processor of recycled plastic materials, from Grey Mountain Partners, a private equity firm. Financial terms were not disclosed. "The acquisition of Dimex underscores our longstanding commitment to stewardship of the environment and recycling, and to taking actions that contribute to a sustainable, circular economy,” Robert Buesinger, Westlake Chemical Executive Vice President.

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