# Polyplastics to increase stake in Topas Advanced Polymers to 51%

Polyplastics Co. has decided to increase its equity stake in Topas Advanced Polymers GmbH (TAP) from 45% to 51%, making TAP a subsidiary. The transaction is subject to competition authority clearance and is expected to become effective on April 1, 2017.

- Type: Acquisition
- Announced: 2017-03-27
- Where: Germany
- Status: announced
- Products: cyclic olefin copolymer (COC)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Polyplastics Co.](https://endata.com/companies/23089.md) (acquirer)
- [Topas Advanced Polymers GmbH](https://endata.com/companies/23090.md) (target)
- [Daicel Corp.](https://endata.com/companies/23091.md) (partner)

## Sources

- [apic-online.org](http://www.apic-online.org/top_story.asp?ID=9796), 2017-03-27: "Polyplastics Co. has decided to increase its equity stake in Topas Advanced Polymers GmbH (TAP) to 51% from 45% currently."
- [polimerica.it](https://polimerica.it/articolo.asp?id=17927), 2017-04-11: "Polyplastics ha motivato la decisione con la volontà di consolidare la collaborazione a livello globale con Topas e creare sinergie in settori diversi dalla produzione e vendita di COC."

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