# Advent International and LANXESS announce management team for engineering materials joint venture

Advent International and LANXESS have announced the designated management team and global business structure for their envisaged High Performance Engineering Materials joint venture, which will combine LANXESS High-Performance Materials and DSM Engineering Materials. The JV will have three divisions and a head office near Düsseldorf, Germany.

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

## Sources

- [lanxess.com](https://lanxess.com/en/investors/news-and-events/news/2022/10/10/11/57/221010-advent-and-lanxess-announce-future-business-structure), 2022-10-10: "Following the announcement of Calum MacLean as CEO-designate, Advent International and LANXESS AG announce the envisaged global business structure and designated extended management team of the envisaged High Performance Engineering Materials joint venture."

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