# Ascend Performance Materials to acquire Poliblend and Esseti Plast GD

Ascend Performance Materials signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group, including a manufacturing facility in Mozzate, Italy. The acquisition is expected to close in Q2 2020.

- Type: Acquisition
- Announced: 2020-02-12
- Where: Mozzate, Italy, Italy
- Status: announced
- Products: polyamide 66 resin, masterbatch, engineering plastics (PA66, PA6, PBT, POM)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Ascend Performance Materials](https://endata.com/companies/26329.md) (acquirer)
- [Poliblend](https://endata.com/companies/45230.md) (target)
- [Esseti Plast GD](https://endata.com/companies/45231.md) (target)
- [D’Ottavio Group](https://endata.com/companies/45232.md) (partner)
- [D’Ottavio Group](https://endata.com/companies/45232.md) (target)

## Sources

- [ascendmaterials.com](https://www.ascendmaterials.com/news/ascend-to-purchase-compounding-and-masterbatch-businesses-of-poliblend-and-esseti-plast), 2020-02-12: "This strategic acquisition marks an important transformation for our company as we grow our European manufacturing and distribution footprint."
- [plasticstoday.com](https://www.plasticstoday.com/compounding/ascend-to-acquire-italian-compounding-masterbatch-companies), 2020-02-13: "Ascend Performance Materials has signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group."
- [pcimag.com](https://www.pcimag.com/articles/107081-ascend-performance-materials-announces-acquisition), 2020-02-14: "This strategic acquisition marks an important transformation for our company as we grow our European manufacturing and distribution footprint."

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