Announced
Completed
Financials
Tags
Plastics
Friendly
Single Bidder
Acquisition
Majority
plastics manufacturer
Private
Italy
Cross Border
Completed
Synopsis
LyondellBasell, a chemical company, completed the acquisition of Mepol Group, a manufacturer of recycled, high-performing technical compounds. Financial terms were not disclosed. "This acquisition demonstrates LyondellBasell's commitment to move the circular economy forward. With Mepol Group's expertise in sustainable compounds and LyondellBasell's scale, we will enhance our CirculenRecover and other sustainable solutions for our customer," Torkel Rhenman, LyondellBasell Executive Vice President of Advanced Polymer Solutions.
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