Westlake Corporation has acquired the global compounding solutions businesses of ACI/Perplastic Group, enhancing its product offerings and operational capacity in the wire and cable sector.

Information on the Target

Westlake Corporation (NYSE: WLK) has successfully finalized the acquisition of the global compounding solutions businesses of the ACI/Perplastic Group, collectively referred to as ACI. ACI, headquartered in Portugal, is recognized as a leading global manufacturer of specialty materials, primarily catering to the wire and cable industries. The firm has established itself as a reputable provider of innovative, high-value solutions that address the specific needs of its client base.

The integration of ACI into Westlake’s operations is expected to create synergies that will bolster Westlake’s compounding business. This strategic acquisition not only expands the geographical footprint of Westlake Global Compounds but also enhances its product offerings with new specialty products and advanced technologies.

Industry Overview in Portugal

The wire and cable sector in Portugal, where ACI is prominently positioned, is characterized by a mix of local and international players that supply a variety of specialty materials. The region has seen consistent growth due to incre