# Indorama Ventures completes acquisition of INVISTA Resins & Fibers in Germany

Indorama Ventures Public Company Limited completed its acquisition of INVISTA Resins & Fibers GmbH, a specialty chemicals asset in Gersthofen, Germany, with a capacity of 282,000 tonnes/year and about 140 employees. The deal was announced on 20 December 2018.

- Type: Acquisition
- Announced: 2019-03-05
- Where: Gersthofen, Germany, Germany
- Jobs: 140
- Status: completed
- Capacity: 282,000 tonnes/annum
- Products: POLYSHIELD PET barrier resin, OXYCLEAR Barrier PET barrier resin, polyester polymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Invista Resins and Fibers](https://endata.com/companies/4414.md) (target)
- [Indorama Ventures Public Co. Ltd.](https://endata.com/companies/16732.md) (acquirer)

## Sources

- [indoramaventures.com](https://www.indoramaventures.com/en/updates/other-release/1230/indorama-ventures-completes-acquisition-of-europes-leading-supplier-of-packaging-barrier-products-and-polyester-polymers-in-germany), 2019-03-05: "This acquisition is aligned with IVL’s strategy to grow and support our customer’s needs with differentiated solutions in both packaging and in industrial fibers."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/indorama-acquisition-invista-resins/), 2019-03-05: "This is an exciting step forward that will lead us to further accelerate our transformation."

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