M&A Deal Summary |
|
|---|---|
| Date | 2020-06-29 |
| Target | BP - Global Aromatics and Acetyls Business |
| Sector | Chemicals |
| Buyer(s) | INEOS Group AG |
| Sellers(s) | BP |
| Deal Type | Divestiture |
| Deal Value | 5M USD |
SEARCH BY
INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. It comprises 18 businesses each with a major chemical company heritage. Its production network spans 67 sites in 16 countries throughout the world. INEOS is a young company. It has grown to become a leading chemical company with sales today of around $40 billion.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Chemicals M&A | 2 of 3 |
| Type: Divestiture M&A Deals | 2 of 3 |
| Country: Switzerland M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-15 |
Ashland - Composites Business & Butanediol Facility
Covington, Kentucky, United States Ashland, Inc. - Composites Business & Butanediol Facility engages in unsaturated polyester resins, vinyl ester resins, and gel coats, while the BDO facility in Germany and related merchant products included in the agreement are part of Ashland's Intermediates and Solvents (I&S) segment. |
Buy | $1.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-08 |
LyondellBasell - Ethylene Oxide & Derivatives Business
Houston, Texas, United States LyondellBasell's Ethylene Oxide & Derivatives Business produces high-quality ethylene oxide and various derivatives. LyondellBasell's Ethylene Oxide & Derivatives Business is based in Houston, Texas. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1908 |
| Sector | Oil/Gas Exploration |
| Employees | 87,800 |
| Revenue | 189.2B USD (2024) |
BP is an integrated oil and gas company with operations in Europe, the US, Canada, Russia, South America, Australasia, Asia and parts of Africa. BP provides customers with fuel for transportation, energy for heat and light, lubricants, and petrochemicals products used to make items as diverse as paints, clothes and packaging. BP was founded in 1908 and is based in London, England.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 16 |
| Sector: Chemicals M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 9 of 9 |
| Country: Switzerland M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| Size (of disclosed) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-27 |
Alyeska Pipeline Service Co. - Trans Alaska Pipeline System
Anchorage, Arkansas, United States Alyeska Pipeline Service Co. - Trans Alaska Pipeline System (TAPS) is one of the world's largest pipeline systems, an engineering icon that was the biggest privately funded construction project. The 800-mile-pipeline system has a capacity of approximately 2 million barrels per day and runs from the Prudhoe Bay oilfield to the Valdez Marine Terminal. To date, the TAPS system has transported over 17 billion barrels of product. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-12 |
EDF Energy
Houston, Texas, United States EDF Energy is a provider of power, natural gas, and related services to C&I customers across the US. EDF Energy's customers are primarily large corporations and public entities, including retailers, universities, manufacturers and producers, municipalities, and power generators. It does not supply residential consumers. EDF Energy is based in Houston, Texas. |
Buy | - |
