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NexPoint Materials has launched as a standalone engineering thermoplastics company, offering a portfolio including LEXAN PC, CYCOLAC ABS and VALOX PBT resins and blends.
Mutares SE & Co. KGaA completed the acquisition of TREPEL Airport Equipment GmbH and MAFI Transport-Systeme GmbH from NDW Maschinenbau Holding GmbH. The acquired companies generate around EUR 150 million in revenue and employ about 410 people.
Mutares completed the acquisition of SABIC's Engineering Thermoplastics business in the Americas and Europe for an enterprise value of USD 450 million. The business will operate as NexPoint Materials.