Mutares to Acquire the Engineering Thermoplastics Business in the Americas and Europe from SABIC

Mutares SE & Co. KGaA has signed a landmark agreement to acquire the regional Engineering Thermoplastics business in the Americas and Europe of SABIC for an Enterprise Value of USD 450 million. The transaction is expected to close in the second half of 2026, subject to customary approvals. The planned acquisition represents the largest transaction in Mutares’ history and marks the establishment of a new strategic segment, “Chemicals & Materials”. Upon closing of the transaction, the new Chemicals & Materials segment will comprise the ETP Business as its core platform and will also include Venator Ultramarine Blue Pigments, further strengthening Mutares’ positioning in specialty chemicals and advanced materials. To identify growth opportunities in Continuous Fiber Thermoplastic Market: Trends, Opportunities and Competitive Analysis [2026-2035], please visit https://www.lucintel.com/continuous-fiber-thermoplastic-market.aspx