M&A Deal Summary

Orbia Advance Acquires Petroquímica Colombiana S.A.

On February 22, 2007, Orbia Advance acquired chemicals company Petroquímica Colombiana S.A.

Acquisition Highlights
  • This is Orbia Advance’s 1st transaction in the Chemicals sector.
  • This is Orbia Advance’s 1st transaction in Colombia.

M&A Deal Summary
Date 2007-02-22
Target Petroquímica Colombiana S.A.
Sector Chemicals
Buyer(s) Orbia Advance
Deal Type Add-on Acquisition

Target

Petroquímica Colombiana S.A.

Cartagena, Colombia
Petroquímica Colombiana, S.A. is a company headquartered in Colombia and engaged in the production PVC resins.

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Buyer(S) 1

Buyer

Orbia Advance

Mexico City, Mexico

website

Category Company
Founded 1953
Sector Chemicals
Employees24,076
Revenue 8.8B USD (2021)
DESCRIPTION

Orbia Advance Corporation, is a provider of products and solutions across multiple sectors from petrochemical to construction, infrastructure, agriculture, healthcare, transportation, telecom and energy, among others. Company is a producers of plastic pipes and connections worldwide and one of the largest chemical and petrochemical companies in Latin America. Orbia Advance Corporation, was founded in 1953 and is based in Mexico City, Mexico.

DEAL STATS #
Overall 1 of 20
Sector (Chemicals) 1 of 10
Type (Add-on Acquisition) 1 of 12
Country (Colombia) 1 of 4
Year (2007) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-30 Petroquimica Colombiana S.A.

Colombia

Petroquimica Colombiana, S.A. is one of the most important producers of PVC resin in Latin America.

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Mergr

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