M&A Deal Summary

Methanex Acquires OCI Methanol

On September 9, 2024, Methanex acquired chemicals company OCI Methanol from OCI Global for 2.0B USD

Acquisition Highlights
  • This is Methanex’s 1st transaction in the Chemicals sector.
  • This is Methanex’s largest (disclosed) transaction.
  • This is Methanex’s 1st transaction in the United States.

M&A Deal Summary

Date 2024-09-09
Target OCI Methanol
Sector Chemicals
Buyer(s) Methanex
Sellers(s) OCI Global
Deal Type Divestiture
Deal Value 2.0B USD

Target

OCI Methanol

United States
OCI Methanol is a methanol producer in the US and, through OCI HyFuels, a leading producer and distributor of green methanol today.

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Buyer(S) 1

Buyer

Methanex

Vancouver, British Columbia, Canada

Category Company
Founded 1968
Sector Chemicals
Employees1,415
Revenue 3.7B USD (2024)
DESCRIPTION

Methanex is a producer and supplier of methanol to major international markets in North America, Asia Pacific, Europe and South America. Methanex was formed in 1968 and is headquartered in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

OCI Global

Amsterdam, Netherlands

Category Company
Sector Chemicals
DESCRIPTION

OCI Global is a producer and distributor of nitrogen, methanol, and hydrogen, driving forward the decarbonization of the energy-intensive industries that shape, feed and fuel the world. OCI Global is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
Size (of disclosed) 1 of 1