Cabot Corporation Completes Acquisition of Mexico Carbon Manufacturing S.A. de C.V. from Bridgestone Corporation

Cabot Corporation (NYSE: CBT) completed its acquisition of Mexico Carbon Manufacturing S.A. de C.V.

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Rhea-AI Summary

Cabot Corporation (NYSE: CBT) completed its acquisition of Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone on February 2, 2026. The deal follows a definitive agreement announced in August and receipt of required regulatory approvals.

MXCB, located near Cabot's Altamira facility, expands Cabot's global manufacturing footprint, enhances production capacity and operational flexibility, broadens the range of reinforcing carbon products Cabot can supply, and reinforces the commercial partnership with Bridgestone.

Positive

Acquisition of MXCB completed on Feb 2, 2026
Expands Mexico manufacturing footprint near Altamira facility
Enhances production capacity and operational flexibility
Broadens capability to produce a wider range of reinforcing carbons
Strengthens commercial partnership with Bridgestone

Negative

None.

Argus Feb 2 session

+0.93% close to close Open Argus

Details

News Market Reaction – CBT

On Feb 2, the day this news came out, CBT closed 0.93% above the previous close.

Data tracked by StockTitan Argus for the Feb 2 session.

Previous Acquisition Reports

1 past event · Latest: Aug 04

Same Type 1 event

Aug 04
Acquisition announcement

24h Move

+8.7%

Definitive agreement to acquire MXCB for $70M and expand carbon capacity.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

definitive agreement, regulatory approvals

2 terms

definitive agreement financial

"The transaction follows the announcement of a definitive agreement in August"

A definitive agreement is a formal, legally binding document that outlines the final terms and conditions of a deal or transaction, such as a sale or partnership. It acts like a detailed contract that confirms all parties have agreed on the key details, making the deal official. For investors, it signals that the agreement is settled and moving toward completion, providing clarity and security about the transaction.

regulatory approvals regulatory

"follows the announcement of a definitive agreement in August and the receipt of required regulatory approvals"

Regulatory approvals are official permissions from government agencies that a company needs before launching a new product, service, or business activity. They matter because without this approval, the company might not be allowed to operate legally or sell its products, similar to how a driver needs a license to legally drive a car.

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02/02/2026 - 09:00 AM

BOSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Cabot Corporation (NYSE: CBT) today announced that it has successfully completed its acquisition of Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation. The transaction follows the announcement of a definitive agreement in August and the receipt of required regulatory approvals.

Cabot has long supplied Bridgestone with reinforcing carbon products, and this acquisition further strengthens the partnership between the two companies. In addition, this acquisition expands Cabot’s global manufacturing footprint and reinforces its position as a leading provider of reinforcing carbons. Strategically located near Cabot’s existing facility in Altamira, Mexico, MXCB not only enhances production capacity and operational flexibility but also offers the capability to manufacture a broader range of reinforcing carbon products. This flexibility enables Cabot to better support diverse customer needs and future growth opportunities.

“This acquisition represents a significant step forward in our strategy to grow in our core markets. By adding the MXCB facility to our global network, we are expanding our manufacturing capabilities, enhancing supply reliability for our customers, and positioning Cabot for long-term success,” said Sean Keohane, president and chief executive officer, Cabot Corporation. “We are excited to welcome the MXCB team to Cabot and look forward to building on our strong partnership with Bridgestone as we continue to deliver industry-leading reinforcing solutions around the world.”

ABOUT CABOT CORPORATION

Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company is a leading provider of reinforcing carbons, specialty carbons, battery materials, engineered elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed metal oxides and aerogel. For more information on Cabot, please visit the company’s website at cabotcorp.com.

ABOUT BRIDGESTONE CORPORATION

Bridgestone is a global leader in tires and rubber building on its expertise to provide solutions for safe and sustainable mobility. Headquartered in Tokyo, the company employs approximately 121,000 people globally and conducts business in more than 150 countries and territories worldwide.

Forward-Looking Statements

This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that may cause actual results to differ materially. For a discussion of these risks, see “Risk Factors” in Cabot’s Annual Report on Form 10-K.

Contact:	Emily Moran
	Corporate Communications
	emily.moran@cabotcorp.com
	(617) 460-4517

	Robert Rist
	Investor Relations
	robert.rist@cabotcorp.com
	(617) 342-6374

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Cabot Corporation (CBT) announce on February 2, 2026 about MXCB?

Cabot announced it completed the acquisition of Mexico Carbon Manufacturing S.A. de C.V. on February 2, 2026. According to the company, the transaction followed a definitive agreement announced in August and receipt of required regulatory approvals.

How does the MXCB acquisition affect Cabot's manufacturing footprint for CBT?

The acquisition expands Cabot's manufacturing footprint in Mexico and adds capacity near its Altamira site. According to the company, this location enhances operational flexibility and supports production of a broader range of reinforcing carbon products for customers.

What operational benefits did Cabot (CBT) cite from buying MXCB?

Cabot said the acquisition enhances production capacity, operational flexibility, and product-range capability at its Altamira hub. According to the company, these benefits are intended to improve supply reliability and better support diverse customer needs.

What does the MXCB deal mean for Cabot's relationship with Bridgestone and CBT shareholders?

Cabot described the acquisition as reinforcing its partnership with Bridgestone and strengthening supply relationships. According to the company, the transaction is positioned to support long-term growth and improved service for customers and shareholders.

When was the MXCB acquisition originally announced and what approvals were required for CBT?

Cabot initially announced a definitive agreement in August and completed the deal after receiving required regulatory approvals. According to the company, all necessary approvals were obtained prior to the February 2, 2026 closing.

Cabot Corporation Completes Acquisition of Mexico Carbon Manufacturing S.A. de C.V. from Bridgestone Corporation