Westlake Corporation is set to acquire the global compounding solutions businesses of ACI/Perplastic Group, enhancing its Housing & Infrastructure Products segment.

Target Information

Westlake Corporation, a publicly traded company on the NYSE under the symbol WLK, has announced its intention to acquire the global compounding solutions businesses of the ACI/Perplastic Group, which operate primarily in Portugal. ACI is recognized for its expertise in manufacturing specialty materials that cater to various industries, bolstering its position in the global marketplace.

This acquisition represents a strategic move for Westlake as it seeks to expand its Housing & Infrastructure Products segment. The integration of ACI's capabilities is expected to enhance product offerings and strengthen Westlake's competitive edge in the specialty materials sector.

Industry Overview

The compounding solutions market in Portugal has witnessed significant growth over recent years, driven by rising demand across construction, automotive, and consumer good