# LyondellBasell to acquire A. Schulman for $2.25 billion

LyondellBasell announced a definitive agreement to acquire A. Schulman, a supplier of high-performance plastic compounds, for a total consideration of $2.25 billion. The acquisition will create a premier Advanced Polymer Solutions business.

- Type: Acquisition
- Announced: 2018-02-15
- Where: Fairlawn, Ohio, United States
- Value: $2.25B
- Status: announced
- Products: high-performance plastic compounds, composites, powders
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LyondellBasell](https://endata.com/companies/1444.md) (acquirer)
- [LyondellBasell Industries NV](https://endata.com/companies/21448.md) (acquirer)
- [A. Schulman](https://endata.com/companies/23944.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/87565/000119312518047369/d437735dex991.htm), 2018-02-15: "The acquisition of A. Schulman is a natural extension of our current platform."
- [hydrocarbonprocessing.com](https://www.hydrocarbonprocessing.com/news/2018/02/lyondellbasell-announces-agreement-to-acquire-a-schulman/), 2018-02-15: "The acquisition of A. Schulman is a natural extension of our current platform."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/87565/000119312518047372/d437735dex991.htm), 2018-02-15: "The acquisition of A. Schulman is a natural extension of our current platform."
- [einpresswire.com](https://www.einpresswire.com/article/432232214/lyondellbasell-announces-entry-into-a-definitive-agreement-to-acquire-a-schulman-inc), 2018-02-15: "The acquisition of A. Schulman is a natural extension of our current platform."
- [markets.businessinsider.com](https://markets.businessinsider.com/news/stocks/lyondellbasell-announces-entry-into-a-definitive-agreement-to-acquire-a-schulman-inc-1015890444), 2018-02-15: "The acquisition of A. Schulman is a natural extension of our current platform."
- [interplasinsights.com](https://interplasinsights.com/plastics-industry-news/lyondellbasell-to-acquire-a-schulman-inc-for-2-25-billion/), 2018-02-15: "The acquisition of A. Schulman is a natural extension of our current platform."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/87565/000119312518047369/d437735d8k.htm), 2018-02-15: "Upon consummation of the transactions contemplated by the Merger Agreement, each share of common stock, par value $1.00 per share, of the Company issued and outstanding immediately prior to the Effective Time will be canceled and automatically converted into the right to receive"
- [packaging-gateway.com](https://www.packaging-gateway.com/news/lyondellbasell-acquire-schulman-2-25-billion/), 2018-02-19: "This combination will allow us to provide our customers with a wider range of innovative solutions while adding the ability to serve high-growth end markets beyond the automotive sector, such as packaging and consumer products, electronics and appliances, building and construction, and agriculture."
- [doi.org](https://doi.org/10.1016/s0306-3747(18)30070-8), 2018-04-01: "International plastics, chemicals and refining major LyondellBasell Industries has entered into a definitive agreement to purchase A. Schulman, Inc."

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