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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