Westlake Corporation has announced its agreement to acquire the global compounding solutions businesses of the ACI/Perplastic Group. ACI, based in Portugal, is a global manufacturer specializing in materials for the wire and cable sectors. This acquisition will expand Westlake's Housing & Infrastructure Products segment by integrating ACI's offerings into Westlake Global Compounds, adding new specialty products and technology to its portfolio. The transaction, anticipated to close in early 2026, is pending customary closing conditions and regulatory approvals. ACI operates four production facilities located in Mexico, Portugal, Romania, and Tunisia, and reported net sales of approximately EUR 210 million for the year ending December 31, 2024. Jean-Marc Gilson, Westlake's President and CEO, expressed enthusiasm about the strategic fit and the opportunity to work with ACI's team.