# Advent International and LANXESS plan engineering materials joint venture

Advent International and LANXESS AG announced the future global business structure and designated management team for their planned High Performance Engineering Materials joint venture, which will combine DSM Engineering Materials and LANXESS High-Performance Materials. The JV will have a head office near Düsseldorf, Germany, and existing locations in Geleen, Netherlands, and Dormagen, Germany.

- Type: Partnership
- Announced: 2020-07-02
- Where: Düsseldorf, Germany, Germany
- Status: announced
- Products: high-performance engineering materials, performance polymers, engineering plastics, specialty materials, intermediates
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (partner)
- [LANXESS](https://endata.com/companies/15514.md) (partner)
- [DSM Engineering Materials](https://endata.com/companies/48332.md) (target)

## Sources

- [lanxess.com](https://lanxess.com/en/media/press-releases/2022/10/advent-and-lanxess-announce-global-business-structure-management-team), 2020-07-02: "The joint venture will comprise three global business divisions, including Performance Materials, Specialty Materials and Intermediates, and expects to establish a small head office around Düsseldorf (Germany)."

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