M&A Deal Summary

Sasol and Huntsman Acquire Sasol-Huntsman & Co. KG

On October 1, 1997, Sasol and Huntsman acquired chemicals company Sasol-Huntsman & Co. KG

Acquisition Highlights
  • This is Sasol’s 1st and Huntsman’s 1st transaction in the Chemicals sector.
  • This is Sasol’s 1st and Huntsman’s 1st transaction in Germany.

M&A Deal Summary

Date 1997-10-01
Target Sasol-Huntsman & Co. KG
Sector Chemicals
Buyer(s) Sasol
Huntsman
Deal Type Joint Venture

Target

Sasol-Huntsman & Co. KG

Moers, Germany
Sasol-Huntsman GmbH & Co. KG is a manufacture of cyclic organic crudes, intermediates, organic dyes, and pigments. Sasol-Huntsman GmbH & Co. KG was founded in 1997 and is based in Moers, Germany.

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Buyer(S) 2

Buyer

Sasol

Johannesburg, South Africa

Category Company
Founded 1950
Sector Chemicals
Employees27,678
Revenue 275.1B ZAR (2024)
DESCRIPTION

Sasol is an integrated chemicals and energy company that leverages technologies and expertise. Sasol develops and commercializes technologies, and builds and operates world-scale facilities to produce a range of high-value product streams, including liquid fuels, chemicals, and low-carbon electricity. Sasol was founded in 1950 and is based in Johannesburg, South Africa.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 1997 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Sasol - Marlotherm Business

Germany

Sasol Ltd. - Marlotherm Business heat-transfer fluids are designed for indirect cooling and heating of production, conversion processes, and energy recovery and ensure dependable operation in the temperature range from -90°C to 360°C.

Sell -
Buyer

Huntsman

The Woodlands, Texas, United States

Category Company
Founded 1970
Sector Chemicals
Employees6,300
Revenue 6.0B USD (2024)
DESCRIPTION
Entrance to Huntsman's corporate headquarters in The Woodlands, Texas.
Entrance to Huntsman's corporate headquarters in The Woodlands, Texas.

Huntsman is a manufacturer of differentiated organic chemical products and inorganic chemical products. The Company's products comprise a broad range of chemicals and formulations which are marketed globally to a diversified group of consumer and industrial customers. Huntsman's products are used in a wide range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging, paints and coatings, power generation, refining, synthetic fiber, textile chemicals and dye industries. Huntsman was founded in 1970 and is based in The Woodlands, Texas.


DEAL STATS #
Overall 1 of 16
Sector: Chemicals M&A 1 of 12
Type: Joint Venture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 1997 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-04 Huntsman s European Chemicals and Polymers Business

United Kingdom

Huntsman's European Chemicals and Polymers Business is a global manufacturer and marketer of specialty and commodity chemicals throughout its four principal businesses: polyurethane chemicals (in particular "MDI"), propylene oxide ("PO"), petrochemicals (in particular olefins) and titanium dioxide ("TiO2").

Buy £1.7B