# Mitsubishi Chemical to acquire AdvanSource Biomaterials' TPU business

Mitsubishi Chemical Corporation announced it will acquire the thermoplastic polyurethane elastomer (TPU) business of AdvanSource Biomaterials Corporation. The acquisition is expected to close in January 2020.

- Type: Acquisition
- Announced: 2017-07-10
- Where: Wilmington, Massachusetts, United States
- Status: announced
- Products: thermoplastic polyurethane elastomer (TPU)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.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-europe/news/new/mitsubishi-chemical-to-acquire-thermoplastic-polyurethane-elastomer-business/), 2017-07-10: "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.