# Celanese to acquire majority of DuPont's Mobility & Materials business for $11B

Celanese Corporation signed a definitive agreement to acquire a majority of DuPont's Mobility & Materials business for $11.0 billion in cash. The acquisition includes engineered thermoplastics, elastomers, brands, IP, and global production assets.

- Type: Acquisition
- Announced: 2019-05-14
- Value: $11.0B
- Status: announced
- Products: engineered thermoplastics, elastomers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Celanese](https://endata.com/companies/10711.md) (acquirer)
- [DuPont](https://endata.com/companies/13205.md) (target)

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/pennwell.bioopticsworld/article/bizwire-2022-2-18-celanese-to-acquire-majority-of-duponts-mobility-and-materials-business), 2019-05-14: "The acquisition of the M&M business is an important strategic step forward and establishes Celanese as the preeminent global specialty materials company."

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