Sep 24, 2018ACQUISITIONReims, France, France Westlake Chemical offers to acquire NAKAN from OpenGate Capital for $270M
Westlake Chemical Corporation made a binding offer to acquire NAKAN (Ivy Group Holding SAS), a PVC compounding solutions business, from OpenGate Capital for approximately $270 million. The transaction is expected to close by early 2019.
ProductsPVC compounding solutions
“The combination of NAKAN with Westlake’s existing compounding business will present an excellent strategic fit.”marketscreener.com
- 6 sources
- marketscreener.comWestlake Chemical Corporation made a binding offer to acquire Kem One Innovative Vinyls SAS from OpenGate Capital, LLC for approximately $270 million.MarketScreenerSep 24, 2018
- westlake.comWestlake Chemical Announces Offer to Acquire NAKAN PVC Compounding Solutions Business | WestlakeSep 25, 2018
- westlakevinnolit.comWestlake Vinnolit | Acquisition of NAKAN by Westlake ChemicalLuisa GuldenSep 25, 2018
- opengatecapital.comOpenGate Capital Signs Exclusivity Agreement to Sell Nakan to Westlake Chemical Corporation - OpenGate CapitalSep 25, 2018
- cen.acs.orgBusiness Roundup
Summarized from public sources; check the original articles before acting on it.
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