# Celanese to acquire majority of DuPont's Mobility & Materials 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 and elastomers, brands, IP, and global production assets. - Type: Acquisition - Announced: 2022-02-18 - Where: United States - Value: $11.0B - Jobs: 5,000 - 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 - [DuPont](https://endata.com/companies/13205.md) - [Celanese](https://endata.com/companies/10711.md) (acquirer) - [DuPont](https://endata.com/companies/13205.md) (partner) - [DuPont](https://endata.com/companies/13205.md) (target) - [DuPont de Nemours](https://endata.com/companies/32550.md) (target) ## Sources - [celanese.com](https://www.celanese.com/news-and-media/2022/february/celanese-to-acquire-majority-of-duponts-mm-business), 2022-02-17: "Celanese Corporation today announced the signing of a definitive agreement to acquire a majority of the Mobility & Materials business of DuPont for $11.0 billion in cash." - [dupont.com](https://www.dupont.com/news/dupont-announces-agreement-to-divest-majority-mobility-and-materials-segment-to-celanese.html), 2022-02-18: "DuPont today announced it has entered into a definitive agreement with Celanese Corporation to divest a majority of the Mobility & Materials segment for $11.0 billion in cash." - [investors.celanese.com](https://investors.celanese.com/news/celanese/61fdbc26-9cac-44f7-89bf-86efc684c9b8), 2022-02-18: "Celanese Corporation today announced the signing of a definitive agreement to acquire a majority of the Mobility & Materials business of DuPont for $11.0 billion in cash." - [prnewswire.com](https://www.prnewswire.com/news-releases/dupont-announces-agreement-to-divest-majority-of-mobility--materials-segment-to-celanese-301485607.html), 2022-02-18: "The transaction with Celanese that we are announcing today will create a market-leading portfolio serving the automotive, consumer and industrial markets with unmatched scale, manufacturing capability and technical expertise." - [news.bloomberglaw.com](https://news.bloomberglaw.com/mergers-and-acquisitions/celanese-to-buy-duponts-materials-arm-for-11-billion), 2022-02-18: "Celanese Corp. agreed to buy the majority of DuPont de Nemours Inc.'s mobility and materials arm for $11 billion in cash, the company's biggest-ever acquisition." - [ptonline.com](https://www.ptonline.com/news/celanese-to-acquire-duponts-engineering-plastics), 2022-02-21: "Celanese Corp. signed last week a definitive agreement to acquire a majority of the Mobility & Materials (M&M) business of DuPont" - [designnews.com](https://www.designnews.com/materials/dupont-signs-definitive-agreement-to-divest-engineering-plastics-business-to-celanese), 2022-02-21: "DuPont’s November 2021 announcement outlining its intent to sell its Mobility & Materials is proceeding to a successful outcome with the signing of a definitive agreement to divest “the Engineering Polymers business line and select product lines within the Performance Resins and Advanced Solutions b" - [financierworldwide.com](https://www.financierworldwide.com/fw-news/2022/2/22/celanese-corp-to-acquire-dupont-unit-for-11bn), 2022-02-22: "The transaction with Celanese that we are announcing today will create a market-leading portfolio serving the automotive, consumer and industrial markets with unmatched scale, manufacturing capability and technical expertise." - [canplastics.com](https://www.canplastics.com/materials/celanese-to-buy-majority-of-duponts-mobility-materials-business/1003458427/), 2022-02-22: "The acquisition of the M&M business is an important strategic step forward and establishes Celanese as the preeminent global specialty materials company." - [adhesivesmag.com](https://www.adhesivesmag.com/articles/99213-dupont-to-divest-majority-of-mobility-and-materials-segment-to-celanese), 2022-03-01: "The transaction with Celanese that we are announcing today will create a market-leading portfolio serving the automotive, consumer and industrial markets with unmatched scale, manufacturing capability and technical expertise." - [chemweek.mydigitalpublication.com](https://chemweek.mydigitalpublication.com/articles/celanese-to-acquire-most-of-dupont-s-plastics-for-11-billion), 2022-03-04: "The acquisition is our most significant step forward on our path since implementing the EM [engineered materials] model." - [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=22), 2022-03-18: "DuPont recently announced that it has entered into a definitive agreement with Celanese Corp. to divest a majority of its Mobility & Materials segment, which includes the Engineering Polymers business line and select product lines within the Performance Resins and Advanced Solutions business lines." - [tpe-forum.de](https://www.tpe-forum.de/celanese-acquisition-of-majority-of-duponts-mobility-materials-business/), 2022-06-29: "On 18 February 2022, Celanese Corporation announced the signing of a definitive agreement to acquire a majority of the Mobility & Materials (M&M) business of DuPont for a purchase price of USD 11.0 billion in cash." --- Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.