Westlake Chemical buys German PVC firm Vinnolit

摘要

Westlake Chemical has signed an agreement to acquire German-based Vinnolit Holdings and its subsidiary companies from private-equity firm Advent International. Vinnolit is an integrated global provider of specialty polyvinyl chloride (PVC) resins. The acquisition price of ?490m (￡393m) will be financed using existing Westlake cash and credit facilities.