Westlake Corporation (NYSE:WLK) entered into an agreement to acquire Global compounding solutions businesses of the Aci - Automotive Compounding Industry, Lda on August 26, 2025.
The transaction is subject to the satisfaction of customary closing conditions, including receipt of certain regulatory approvals. The transaction is expected to close in early 2026.
Oliver Schröder, Michael Cohen, Stephanie Birmanns, Steffen Henn, Marcus Becke, Andreas Herr, Ben Steinbrück, David Kleineidam and Julian Weidlich of SZA Schilling, Zutt & Anschütz acted as legal advisor for Westlake Corporation. SZA Schilling, Zutt & Anschütz acted as lead counsel on the transaction, steering the overall process, negotiating the master share and asset purchase agreement, managing the workstream for the necessary merger control and foreign direct investment filings, and coordinating various teams of local legal counsel comprising lawyers of Gómez-Acebo & Pombo in Spain and Portugal, Creel, García-Cuéllar, Aiza y Enriquez in Mexico, Nestor Nestor Diculescu Kingston Petersen in Romania, and Bennani & Associés in Tunisia and Morocco.
Westlake Corporation (NYSE:WLK) completed the acquisition of Global compounding solutions businesses of the Aci - Automotive Compounding Industry, Lda on January 5, 2026.
Westlake Corporation is a manufacturer and supplier of materials and products that enhance life every day. The Company has operations in Asia, Europe, and North America. It provides building blocks for solutions from housing and construction to packaging and healthcare to automotive and the consumer. Its segments include Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials includes Westlake North American Vinyls, Westlake North American Chlor-alkali & Derivatives, Westlake European & Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene and Westlake Epoxy. The Housing and Infrastructure Products include Westlake Royal Building Products, Westlake Pipe and Fittings, Westlake Global Compounds and Westlake Dimex. Its products are used in diverse consumer and industrial markets, including residential construction, automotive products, water treatment, wind turbines, coatings as well as other durable and non-durable goods.
