Westlake Corporation to Acquire ACI/Perplastic Group

An update from Westlake Corporation ( (WLK) ) is now available.

On August 26, 2025, Westlake Corporation announced its agreement to acquire the global compounding solutions businesses of the ACI/Perplastic Group, a Portugal-based manufacturer serving the wire and cable sectors. This acquisition is expected to enhance Westlake’s Housing & Infrastructure Products segment by integrating ACI’s specialty materials and technology, thereby expanding Westlake’s product portfolio. ACI, with production facilities in Mexico, Portugal, Romania, and Tunisia, reported net sales of approximately EUR 210 million for the year ending December 31, 2024. The transaction is anticipated to close in early 2026, pending regulatory approvals.

The most recent analyst rating on (WLK) stock is a Hold with a $85.00 price target. To see the full list of analyst forecasts on Westlake Corporation stock, see the WLK Stock Forecast page.

Spark’s Take on WLK Stock

According to Spark, TipRanks’ AI Analyst, WLK is a Neutral.

Westlake Corporation’s overall stock score reflects significant financial challenges, including declining revenues and profitability pressures. While the HIP segment shows resilience, the PEM segment faces substantial hurdles. Technical indicators suggest moderate short-term momentum, but valuation remains unattractive due to negative earnings.

To see Spark’s full report on WLK stock, click here.

More about Westlake Corporation

Westlake Corporation is a global manufacturer and supplier of materials and innovative products that enhance everyday life. Headquartered in Houston, it operates in Asia, Europe, and North America, providing essential solutions across sectors such as housing and construction, packaging, healthcare, automotive, and consumer goods.

Average Trading Volume: 1,341,858

Technical Sentiment Signal: Sell

Current Market Cap: $11.19B

Find detailed analytics on WLK stock on TipRanks’ Stock Analysis page.