# Advent and Lanxess set out details of engineering polymers joint venture

Advent International and Lanxess AG announced details of their planned joint venture combining DSM Engineering Materials and Lanxess High-Performance Materials, expected to close in H1 2023. The announcement was made on October 17, 2022.

- Type: Partnership
- Announced: 2022-10-17
- Where: Dusseldorf, Germany
- Status: announced
- Products: engineering polymers, high-performance materials
- 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) (partner)

## Sources

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2092229/advent-lanxess-outline-details-of-engineering-polymer-jv), 2022-10-17: "US private equity firm Advent International and Lanxess AG have set out details of their engineering materials joint venture, which is expected to be completed in the first half of 2023."

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