Deal Snapshot
ASCEND TO ACQUIRE POLIBLEND AND ESSENTI PLAST
Friday 14 February 2020

Texas, US-based Ascend Performance Materials, a producer of polyamide 66 resin, has agreed to purchase the compounding and masterbatch businesses of Poliblend and Esseti Plast GD from D'Ottavio Group to expand European manufacturing and distribution footprint, the company said.
The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of Poliblend, which consists of virgin and recycled grades of PA66, PA6, PBT and POM.


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Details
Date Published: 14/02/2020
Target: Poliblend and Esseti Plast GD/ compounding and masterbatch businesses
Country: Italy
Sector: Chemicals
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor: D, ´Ottavio Group
Buyer: Ascend Performance Materials
Comment:
Terms of the deal were not disclosed

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