Elotex offers dispersible polymer powders and specialty additives for modern dry mix mortars in construction and other uses.On April 29, 2020, Elotex was acquired by Celanese Corporation. Terms of the transaction were not disclosed.
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Latest elotex.com News
Apr 29, 2020
Bär & Karrer acted as Swiss legal advisor to Nouryon in this transaction. Celanese Corporation has completed the acquisition of Nouryon’s re-dispersible polymer powders business offered under the Elotex brand. As part of the acquisition, Celanese acquired all of Nouryon’s global production facilities for redispersible polymer powders across Europe and Asia, all products under the Elotex portfolio, as well as all customer agreements, technology and commercial facilities globally. With the completion of the acquisition – having cleared all necessary closing conditions, regulatory and works council requirements – Celanese takes ownership of Nouryon’s global production facilities for re-dispersible polymer powders across Europe and Asia, all products under the Elotex portfolio, and all customer agreements, technology and commercial facilities globally. Celanese will integrate the Elotex product portfolio and production facilities into its global vinyl acetate-ethylene (VAE) emulsions business to further meet global product demand. Bär & Karrer advised Nouryon in this transaction with a team included Daniel Raun (Picture), Thomas U. Reutter, Anna Capaul and Fabian Wild (all M&A and Corporate), Markus Schott and Raphael Wyss (both Regulatory), Laura Widmer (Employment) as well as Ruth Bloch-Riemer and Angelica Schwarz (both Pension and Tax).
elotex.com Frequently Asked Questions (FAQ)
Where is elotex.com's headquarters?
elotex.com's headquarters is located at Industriestrasse 17a , Sempach Station.
What is elotex.com's latest funding round?
elotex.com's latest funding round is Acquired.
Who are the investors of elotex.com?
Investors of elotex.com include Celanese.
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