# LyondellBasell acquires minority stake in Source One GmbH

LyondellBasell (LYB) acquired a minority share in Source One GmbH, a plastic waste sourcing and engineering company in Germany. The investment provides LYB access to Source One's engineering and waste sourcing services, and establishes a relationship with Landbell for plastic packaging waste volumes.

- Type: Acquisition
- Announced: 2023-12-04
- Where: Leiferde, Germany, Germany
- Status: announced
- Products: plastic waste sourcing and engineering services
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [LyondellBasell](https://endata.com/companies/1444.md) (acquirer)
- [Source One GmbH](https://endata.com/companies/74191.md) (target)
- [Landbell](https://endata.com/companies/74192.md) (partner)

## Sources

- [lyondellbasell.com](https://www.lyondellbasell.com/en/who-we-are/updates-events/corporate--financial-news/lyb-acquires-minority-stake-in-source-one/), 2023-12-04: "This strategic investment provides LYB access to Source One's engineering and plastic waste sourcing services."

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