Westlake Corp. (Houston) announced that it has completed the acquisition of the global compounding solutions businesses of the ACI/Perplastic Group (collectively, ACI). Headquartered in Portugal, ACI is a global manufacturer of specialty materials, primarily serving the wire and cable sectors.
“The integration of ACI with Westlake’s compounding operations represents a strong strategic alignment, offering significant opportunities to further strengthen our Housing & Infrastructure Products (HIP) business. This acquisition will enhance the reach of Westlake Global Compounds and introduce new specialty products and advanced technologies to our portfolio,” stated Jean-Marc Gilson, President and Chief Executive Officer of Westlake.
“ACI has built an impressive reputation for delivering innovative, high-value solutions,” said Maribel Wilson, Vice President of Westlake Global Compounds. “We are excited to welcome their skilled team to Westlake and look forward to working together.”
The acquisition expands Westlake Global Compounds’ manufacturing footprint into Portugal, Romania, and Tunisia, and adds to its existing operations in Mexico.