TLALNEPANTLA, Mexico–(BUSINESS WIRE)–Mexichem, S.A.B. de C.V. (BMV:MEXCHEM*) (“the Company” or “Mexichem”) announced today that it has signed a definitive agreement to acquire VESTOLIT GmbH (“VESTOLIT”), Europe’s 6th largest PVC manufacturer, from accounts and funds managed by Strategic Value Partners LLC for a total of €219 million in cash and assumed liabilities, supporting Mexichem’s strategy of global growth in high-end specialty products. The acquisition is subject to regulatory approval

from Business Wire Merger/Acquisition News