TPE Assets,

Underlying organic sales growth plus the addition of Magenta's fiber colorant business and Kraton's TPE business was more than offset by lower year-over-year selling prices in Distribution, PP&S, and Designed Structures and Solutions (DSS), due to lower hydro-carbon based raw material costs.

On January 29, 2016, the Company completed the acquisition of certain technologies and assets from Kraton Performance Polymers, Inc (Kraton), to expand its global footprint and expertise in the thermoplastic elastomer (TPE) innovation and design, for $72.0 million in cash. Note 20 — SUBSEQUENT EVENTS On January 29, 2016, the Company completed the acquisition of certain technologies and assets from Kraton Performance Polymers, Inc (Kraton), to expand its global footprint and expertise in the thermoplastic elastomer (TPE) innovation and design, for $72.0 million in cash.

Organically, we utilized our proprietary innovation process to develop and launch new specialty and full-service solutions, including Versaflex™ HC, Excelite™ liquid foaming solutions, Percept™ Authentication Technologies, and InVisiOSM Color and Design Services, just to name a few.