M&A Deal Summary

INEOS Styrolution Group Acquires Total S.A. - Polystyrene Production Sites

On August 31, 2018, INEOS Styrolution Group acquired oil/gas exploration company Total S.A. - Polystyrene Production Sites from TotalEnergies

Acquisition Highlights
  • This is INEOS Styrolution Group’s 1st transaction in the Oil/Gas Exploration sector.
  • This is INEOS Styrolution Group’s 1st transaction in China.

M&A Deal Summary

Date 2018-08-31
Target Total S.A. - Polystyrene Production Sites
Sector Oil/Gas Exploration
Buyer(s) INEOS Styrolution Group
Sellers(s) TotalEnergies
Deal Type Divestiture

Target

Total S.A. - Polystyrene Production Sites

China
Total S.A. - Polystyrene Production Sites in Ningbo and Foshan and two related offices in Guangzhou and Shanghai. The Foshan site is located in the Guangdong Province in South China. The Ningbo site is located in the Zhejiang Province south of Shanghai in Eastern China. The annual nameplate capacity of each site is 200kt per year.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

INEOS Styrolution Group

Frankfurt, Germany

Category Company
Founded 2011
Sector Chemicals
Employees3,100
DESCRIPTION

INEOS Styrolution is a global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 85 years of experience, INEOS Styrolution helps its customers succeed by offering the best possible solution, designed to give them a competitive edge in their markets. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, toys/sports/leisure, and packaging.


DEAL STATS #
Overall 2 of 2
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: China M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-31 KR Copolymer Co.

Seoul, South Korea

KR Copolymer Co. Ltd. is a manufacturer of chemicals, chemical products, and polymers. It offers synthetic dyes, softeners, and other colorants. The company was founded in 2000 and is headquartered in Seoul, South Korea.

Buy -

Seller(S) 1

SELLER

TotalEnergies

Courbevoie, France

Category Company
Founded 1924
Sector Oil/Gas Exploration
Employees62,796
Revenue 195.6B USD (2024)
DESCRIPTION

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables, and electricity. TotalEnergies was founded in 1924 and is based in Courbevoie, France.


DEAL STATS #
Overall 6 of 12
Sector: Oil/Gas Exploration M&A 2 of 3
Type: Divestiture M&A Deals 6 of 10
Country: China M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-10 WayKonect

Lille, France

WayKonect is a provider of digital management tools for corporate vehicle fleets to enable them to control their fleet remotely and in real time. WayKonect was founded in 2014 and is based in Lille, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-20 G2 Mobility SA

Vélizy-Villacoublay, France

G2 Mobility SA is a provider of electric vehicle charging solutions. G2mobility designs, produces and implements solutions that integrate charge points adapted to different environments, Electric Vehicle Supply Equipment (EVSE) management and central supervision from its SaaS software tool G2smart, and local EVSE management with the G2box integrated in the charge points or located nearby on-site. G2 Mobility SA G2 Mobility SA was founded in 2009 and is based in Vélizy-Villacoublay, France.

Buy -