# Basell to acquire Solvay Engineered Polymers

Basell has signed a stock purchase agreement to acquire Solvay Engineered Polymers (SEP), a supplier of polypropylene compounds, from Solvay. The transaction is subject to regulatory approval and expected to close in early 2008.

- Type: Acquisition
- Announced: 2016-12-16
- Where: Mansfield and Grand Prairie, Texas; Auburn Hills, Michigan, United States
- Status: announced
- Products: polypropylene compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Solvay](https://endata.com/companies/1830.md) (target)
- [Basell](https://endata.com/companies/20796.md) (acquirer)
- [Solvay Engineered Polymers](https://endata.com/companies/20797.md) (target)

## Sources

- [novistachem.com](https://www.novistachem.com/news/basell-acquires-pp-compound-maker-solvay-engineered-polymers-107367.html), 2016-12-16: "The acquisition of Solvay Engineered Polymers will complement Basell's existing Polymer-based Composite Materials and Alloys (PCMA) business in North America"

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