LANXESS and Advent International establish joint venture for high-performance polymers

LANXESS and Advent International are establishing a joint venture for engineering and high-performance polymers. LANXESS contributes its High Performance Materials business valued at EUR 2.5 billion and will receive a payment of at least EUR 1.1 billion and a stake of up to 40% in the joint venture. Advent will also acquire DSM's Engineering Materials business for EUR 3.7 billion to contribute to the joint venture.

“Specialty chemicals company LANXESS and Advent International (“Advent”) are establishing a joint venture for engineering and high-performance polymers.”lanxess.com

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• lanxess.comLANXESS and Advent International establish a leading global joint venture for high-performance engineering polymersMay 31, 2022

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