# Mutares completes acquisition of SABIC's Engineering Thermoplastics business

Mutares completed the acquisition of SABIC's Engineering Thermoplastics business in the Americas and Europe for an enterprise value of USD 450 million. The business will operate as NexPoint Materials.

- Type: Acquisition
- Announced: 2026-08-04
- Where: Bietigheim-Bissingen, Germany, Germany
- Value: $450.0M
- Jobs: 2,800
- Status: completed
- Capacity: resin production capacity approx. 1,085 KT; compounding capacity approx. 780 KT
- Products: Polycarbonates, Polybutylene Terephthalate, Acrylonitrile Butadiene Styrene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Magna International](https://endata.com/companies/2534.md) (partner)
- [Magna International](https://endata.com/companies/2534.md) (target)
- [SABIC](https://endata.com/companies/3200.md) (target)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (acquirer)
- [MAFI](https://endata.com/companies/36129.md) (target)
- [TREPEL Airport Equipment GmbH](https://endata.com/companies/92277.md) (target)
- [MAFI Transport-Systeme GmbH](https://endata.com/companies/92278.md) (target)
- [NDW Maschinenbau Holding GmbH](https://endata.com/companies/92279.md) (partner)
- [NDW Maschinenbau Holding GmbH](https://endata.com/companies/92279.md) (target)
- [NexPoint Materials](https://endata.com/companies/93323.md) (target)
- [Car Top Systems](https://endata.com/companies/93359.md) (target)
- [Car Top Systems (CTS)](https://endata.com/companies/93371.md) (target)
- [Saudi Basic Industries Corporation (SABIC)](https://endata.com/companies/93756.md) (target)
- [Trepel](https://endata.com/companies/93758.md) (target)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/corporate/mutares-completes-landmark-acquisition-of-the-engineering-thermoplastics-business-in-the-americas-and-europe-from-sabic/5641d206-fd09-49cf-ac8c-11a0ea849204_en), 2026-08-04: "Mutares SE & Co. KGaA has completed the acquisition of the regional Engineering Thermoplastics business in the Americas and Europe of SABIC for an Enterprise Value of USD 450 million."
- [eqs-news.com](https://www.eqs-news.com/de/news/corporate/mutares-completes-landmark-acquisition-of-the-engineering-thermoplastics-business-in-the-americas-and-europe-from-sabic/5641d206-fd09-49cf-ac8c-11a0ea849204_en), 2026-08-04: "The acquisition represents the largest transaction in Mutares’ history and has marked the establishment of a new strategic segment, 'Chemicals & Materials'."
- [eqs-news.com](https://www.eqs-news.com/de/news/corporate/mutares-has-completed-the-acquisition-of-magnas-car-top-systems-business/1341a967-9006-4e78-a396-e09af724085f_en), 2026-08-05: "Mutares has successfully completed the acquisition of the Car Top Systems (CTS) Business from Magna."
- [ca.marketscreener.com](https://ca.marketscreener.com/news/mutares-has-completed-the-acquisition-of-magnaa-s-car-top-systems-business-ce7f50dfd181f72d), 2026-08-05: "The acquisition establishes Car Top Systems (CTS) as an independent automotive supplier with a clear focus on engineering excellence, operational performance and long-term customer partnerships."
- [investegate.co.uk](https://www.investegate.co.uk/announcement/eqs/mutares-se-co-kgaa--0utk/eqs-news-mutares-has-completed-the-acquisiti-/9706798), 2026-08-05: "Mutares SE & Co. KGaA has successfully completed the acquisition of Magna’s Car Top Systems (CTS) Business, establishing CTS as an independent global automotive supplier with approximately EUR 75 million in revenues."
- [sharewise.com](https://www.sharewise.com/de/news_articles/EQSNews_Mutares_schliesst_die_Uebernahme_der_TREPEL_Airport_Equipment_GmbH_und_der_MAFI_TransportS_Mutares_eqsde_20260902_0730), 2026-09-02: "Mutares schließt die Übernahme der TREPEL Airport Equipment GmbH und der MAFI Transport-Systeme GmbH von der NDW Maschinenbau Holding GmbH ab"
- [news.chemnet.com](https://news.chemnet.com/news-9452.html), 2026-09-02: "This acquisition is a landmark milestone in the company's development process"
- [pehub.com](https://www.pehub.com/mutares-completes-acquisition-of-trepel-mafi-from-ndw-maschinenbau/), 2026-09-02: "Mutares completes acquisition of Trepel, Mafi from NDW Maschinenbau"

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