# LATI acquires engineering plastics division of Loxim Industries via joint venture

Lati Industria Termoplastici S.p.A. acquired the engineering plastic compounds division of Loxim Industries Limited through a joint venture company (Lati-Loxim Thermoplastics Private Limited, 51% LATI, 49% Loxim promoters) via a slump sale. The transaction was signed on March 30, 2025 and closed on June 12, 2025.

- Type: Acquisition
- Announced: 2025-03-30
- Where: India
- Status: completed
- Products: engineering thermoplastics, engineering plastic compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LATI Industria Termoplastici SpA](https://endata.com/companies/52411.md) (acquirer)
- [Loxim Industries Limited](https://endata.com/companies/85289.md) (target)
- [Lati-Loxim Thermoplastics Private Limited](https://endata.com/companies/85821.md) (partner)

## Sources

- [scconline.com](https://www.scconline.com/blog/post/2025/07/07/cyril-amarchand-mangaldas-advises-lati-acquisition-joint-venture/), 2025-07-07: "Cyril Amarchand Mangaldas advised Lati Industria Termoplastici S.p.A. on a composite transaction that included acquisition of the engineering plastic compounds division of Loxim Industries Limited."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.