Celanese Completes Acquisition of DuPont Mobility & Materials Business

November 1, 2022

Celanese Corporation completed its acquisition of the majority of DuPont’s Mobility & Materials (M&M) business for $11.0 billion in cash. The deal adds engineered thermoplastics and elastomers, brands/IP, and global production assets, with expected run-rate synergies of about $450 million.

Buyers
Celanese Corporation, Celanese US Holdings LLC
Targets
DuPont Mobility & Materials (M&M) business
Sellers
DuPont
Industry
Manufacturing
Location
Texas, United States
Transaction Type
Buyout

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