Celanese Acquires Majority of DuPont's Mobility & Materials Business
November 1, 2022
Celanese Corporation has completed the acquisition of the majority of DuPont’s Mobility & Materials (M&M) business, adding a broad portfolio of engineered thermoplastics, elastomers, global production assets, and industry brands. The strategic purchase establishes Celanese as a leading global specialty materials company and is intended to expand its engineered materials capabilities and growth trajectory.
- Buyers
- Celanese Corporation
- Targets
- Mobility & Materials (M&M) business of DuPont
- Sellers
- DuPont
- Industry
- Manufacturing
- Location
- Delaware, United States
- Transaction Type
- Buyout
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