# Celanese completes $11 billion acquisition of DuPont's Mobility & Materials business

Celanese Corp. completed the $11 billion acquisition of DuPont's Mobility & Materials business on November 1, 2022, acquiring engineered thermoplastics and elastomers, brands, and global production assets. Celanese also divested its TPC business as required by EU regulators.

- Type: Acquisition
- Announced: 2022-11-01
- Where: United States
- Value: $11.0B
- Status: completed
- Products: engineered thermoplastics, elastomers, polyamides, polyesters
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Celanese](https://endata.com/companies/10711.md) (acquirer)
- [DuPont](https://endata.com/companies/13205.md) (target)

## Sources

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2092324/celanese-completes-11bn-acquisition-of-dupont-s-mobility-and-materials-business), 2022-11-02: "We are excited to welcome the M&M team to Celanese and I want to thank the teams that worked diligently to successfully close this acquisition today."

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