# Daicel Corporation completes acquisition of remaining 45% stake in Polyplastics

Daicel Corporation completed the acquisition of the remaining 45% stake in Polyplastics Co., Ltd. from Celanese Sales Netherlands B.V. for approximately ¥170 billion on October 9, 2020, making Polyplastics a wholly owned subsidiary.

- Type: Acquisition
- Announced: 2020-10-09
- Where: Japan
- Value: $1.60B (170.0B JPY)
- Status: completed
- Products: engineering plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Polyplastics Co.](https://endata.com/companies/23089.md) (target)
- [Daicel Corp.](https://endata.com/companies/23091.md) (acquirer)
- [Celanese Sales Netherlands B.V.](https://endata.com/companies/50438.md) (partner)

## Sources

- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/DAICEL-CORPORATION-6491171/news/Daicel-Corporation-completed-the-acquisition-of-remaining-45-stake-in-Polyplastics-Co-Ltd-from-C-33672015/), 2020-10-08: "Daicel Corporation completed the acquisition of remaining 45% stake in Polyplastics Co., Ltd. from Celanese Sales Netherlands B.V on October 9, 2020."

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