MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

Westlake Chemical Corp. Agrees to Acquire Vinnolit Holdings

Global private equity firm Advent International has agreed to sell Vinnolit Holdings GmbH, a German manufacturer of specialty PVC, to Westlake Chemical Corp. for €490 million (US$666.2 million). Westlake is a manufacturer of petrochemicals, polymers and building products headquartered in Houston, TX.

“The acquisition of Vinnolit is an excellent strategic fit for Westlake," said Albert Chao, Westlake’s president and CEO. "It will allow us to expand our chlorvinyl business globally and adds important specialty PVC products and technology to our existing portfolio.”

With 1,400 employees, Vinnolit operates from six facilities and had sales of €917 million (US$1.2 billion) in 2013.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center