# PolyOne Corp to acquire majority stake in Formulated Polymers Ltd

PolyOne Corporation is set to acquire a majority stake in Indian engineering plastic compound maker Formulated Polymers Ltd for Rs. 150 crore.

- Type: Acquisition
- Announced: 2018-08-09
- Where: India
- Value: $21.8M (150.0M INR)
- Status: announced
- Products: engineering plastic compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [PolyOne](https://endata.com/companies/5415.md) (acquirer)
- [Formulated Polymers Ltd](https://endata.com/companies/33673.md) (target)

## Sources

- [mnacritique.mergersindia.com](https://mnacritique.mergersindia.com/news/polyone-corp-set-to-buy-engineering-plastic-maker-formulated-polymers/), 2018-08-09: "PolyOne Corporation, the global major of specialized polymer materials, is set to acquire India’s leading engineering plastic compound maker Formulated Polymers Ltd."

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