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Lyondellbasell Announces Decision To Acquire Mepol Group

PUBLIC · LYBMar 13, 2023

Acquiring Company

LyondellBasell

Acquired Company

Mepol Group

HoustonManufacturingManufacturing

Description

LyondellBasell (NYSE: LYB) and Mepol Group today announced they have entered into a definitive agreement for LyondellBasell to acquire Mepol Group, a manufacturer of recycled, high-performing technical compounds located in Italy and Poland, consisting of Mepol S.r.l. and its subsidiaries Polar S.r.l. and Industrial Technology Investments Poland Sp.z.o.o.

Quick answer

LyondellBasell is acquiring Mepol Group, announced March 13, 2023. LyondellBasell is based in Houston, Texas, United States.

How much did LyondellBasell pay for Mepol Group?
The deal value was not disclosed.
What does LyondellBasell do?
LyondellBasell Industries N.V. is one of the world's largest plastics, chemicals, and refining companies.
Where are LyondellBasell and Mepol Group based?
LyondellBasell is based in Houston, Texas, United States.
Who are the decision-makers at LyondellBasell?
Fundz holds 1 contact at LyondellBasell. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

LyondellBasell

Location

Houston, Texas, United States

About

LyondellBasell Industries N.V. is one of the world's largest plastics, chemicals, and refining companies. It produces a range of products used in various industries, including automotive, construction, and consumer goods. The company operates through a range of manufacturing facilities globally, providing innovative solutions to meet customer needs.

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Frequently asked

Who acquired Mepol Group?

Mepol Group was acquired by LyondellBasell, based in Houston. The deal was reported on March 13, 2023. LyondellBasell Industries N.V. is one of the world's largest plastics, chemicals, and refining companies. LyondellBasell is publicly traded (LYB) and operates in Manufacturing.

When did LyondellBasell acquire Mepol Group?

LyondellBasell's acquisition of Mepol Group was reported on March 13, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mepol Group do?

With thirty years of experience, Mepol integrates sustainability across its industrial strategy, in the planning and control of its plastics recycling activities and in the production of thermoplastic compounds formulated making use of recovered materials. It is privately held, operating in Manufacturing.

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