# Mitsubishi Chemical to acquire AdvanSource Biomaterials TPU business

Mitsubishi Chemical Corporation will acquire the thermoplastic polyurethane elastomer (TPU) business of U.S.-based AdvanSource Biomaterials Corporation, with completion planned for January 2020.

- Type: Acquisition
- Announced: 2017-02-27
- Where: United States
- Status: announced
- Products: thermoplastic polyurethane elastomer for medical devices
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Mitsubishi Chemical Corporation](https://endata.com/companies/5545.md) (acquirer)
- [AdvanSource Biomaterials Corporation](https://endata.com/companies/22479.md) (target)

## Sources

- [mcpp-global.com](https://www.mcpp-global.com/en/mcpp-america/news/new/mitsubishi-chemical-to-acquire-thermoplastic-polyurethane-elastomer-business/), 2017-02-27: "Mitsubishi Chemical Corporation today announced that it will acquire the thermoplastic polyurethane elastomer (TPU) business of U.S.-based AdvanSource Biomaterials Corporation."

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