# Celanese to acquire Nilit Plastics nylon compounding division

Celanese signed a definitive agreement to acquire Nilit Plastics, the nylon compounding division of Nilit, including its product portfolio, customer agreements, and manufacturing facilities. Financial details were not disclosed.

- Type: Acquisition
- Announced: 2017-01-31
- Status: announced
- Products: nylon compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Nilit](https://endata.com/companies/21816.md)
- [Celanese](https://endata.com/companies/10711.md) (acquirer)
- [Nilit](https://endata.com/companies/21816.md) (target)
- [Nilit Plastics](https://endata.com/companies/21947.md) (target)

## Sources

- [celanese.com](https://www.celanese.com/news-and-media/2017/january/celanese-to-acquire-nilit-plastics-division-nylon-compounding-business), 2017-01-31: "Celanese will acquire Nilit Plastics’ nylon compounding product portfolio as well as customer agreements and manufacturing, technology and commercial facilities."
- [en.kunststoffe.de](https://en.kunststoffe.de/a/news/celanese-to-acquire-nilit-plastics-266324), 2017-02-03: "Celanese Corporation, a global technology and specialty materials company, and Nilit, a producer of high performance nylon polymers, fibers and compounds, announced they have signed a definitive agreement for Celanese to acquire Nilit Plastics, the nylon compounding division of Nilit."
- [tworzywa.pl](https://www.tworzywa.pl/news/aktualnosci/wydarzenia-na-rynku-tworzyw,2677.html), 2017-03-08: "Ten krok, jest najnowszym z podjętych przez Celanese związanym z ogłoszoną strategią na początku 2016 roku"

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