On the Record · Westlake
Westlake acquisitions, on the record
The businesses Westlake bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
LACC, LLC (Word for word“On November 12, 2019, we completed the acquisition of an additional 34.8% of the membership interests in LACC, LLC ("LACC") from Lotte Chemical USA Corporation, a subsidiary of Lotte Chemical Corporation ("Lotte"), for approximately $817 million (the "Transaction").” 10-K for 2023 | acquisition | On November 12, 2019 | approximately $817 million |
Boral Target CompaniesWord for word“On October 1, 2021, we completed the acquisition of the Boral Target Companies.” 10-K for 2023 | acquisition | On October 1, 2021 | — |
LASCO Fittings, Inc. ("LASCO")Word for word“The total consideration was $277 million.” 10-K for 2023 | acquisition | — | $277 million |
DX Acquisition Corp. ("Dimex")Word for word“The total consideration was $172 million.” 10-K for 2023 | acquisition | — | $172 million |
the global epoxy business of Hexion Inc. ("Westlake Epoxy")Word for word“On February 1, 2022, we completed the acquisition of the global epoxy business of Hexion Inc. ("Westlake Epoxy") for a total consideration of $1,207 million.” 10-K for 2023 | acquisition | On February 1, 2022 | a total consideration of $1,207 million |
additional 34.8% of the membership interests in LACC, LLCWord for word“On November 12, 2019, we completed the acquisition of an additional 34.8% of the membership interests in LACC, LLC ("LACC") from Lotte Chemical USA Corporation, a subsidiary of Lotte Chemical Corporation ("Lotte"), for approximately $817 million (the "Transaction").” 10-K for 2024 | acquisition | On November 12, 2019 | approximately $817 million |
additional 3.2% membership interest in LACCWord for word“On March 15, 2022, the Company completed the acquisition of an additional 3.2% membership interest in LACC from Lotte for approximately $89 million.” 10-K for 2024 | acquisition | On March 15, 2022 | approximately $89 million |
LASCO Fittings, Inc.Word for word“The total consideration was $277 million.” 10-K for 2024 | acquisition | — | $277 million |
remaining 50% interest in RS Cogen, LLCWord for word“Effective October 31, 2022, the Company acquired the remaining 50 % interest in RS Cogen.” 10-K for 2024 | acquisition | Effective October 31, 2022 | — |
ACI/Perplastic GroupWord for word“On January 5, 2026, we completed the acquisition of the ACI/Perplastic Group (collectively, "ACI"), a global compounding solutions businesses, for a preliminary purchase price of approximately €92.4 million, subject to certain adjustments.” 10-K for 2025 | acquisition | On January 5, 2026 | approximately €92.4 million |
Axiall CorporationWord for word“In 2016, we completed the acquisition of Axiall Corporation ("Axiall"), a manufacturer and international marketer of chemicals and building products with manufacturing sites in North America, for purchase consideration of approximately $2.5 billion.” 10-K for 2025 | acquisition | In 2016 | approximately $2.5 billion |
Boral Limited's North American building products businessesWord for word“In 2021, we completed the acquisition of Boral Limited's North American building products businesses in roofing; siding; trim; and shutters; decorative stone; and windows for total consideration of approximately $2.1 billion.” 10-K for 2025 | acquisition | In 2021 | approximately $2.1 billion |
global epoxy business of Hexion Inc.Word for word“In 2022, we completed the acquisition of the global epoxy business of Hexion Inc. ("Westlake Epoxy") for total consideration of approximately $1.2 billion.” 10-K for 2025 | acquisition | In 2022 | approximately $1.2 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $2.44 billion | $888 million |
| 2017-12-31 | $13 million | — |
| 2018-12-31 | $0 | — |
| 2019-12-31 | $314 million | — |
| 2020-12-31 | $0 | — |
| 2021-12-31 | $2.55 billion | $943 million |
| 2022-12-31 | $1.2 billion | $124 million |
| 2023-12-31 | $0 | — |
| 2024-12-31 | $0 | — |
Deal filings since 2016
- 2026-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-11-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-08-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-07-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-09-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-08-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Westlake’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.