M&A Deal Summary |
|
|---|---|
| Date | 2022-08-01 |
| Target | Valvoline - Global Products Business |
| Sector | Chemicals |
| Buyer(s) | Aramco |
| Sellers(s) | Valvoline |
| Deal Type | Divestiture |
| Deal Value | 2.7B USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1933 |
| Sector | Oil/Gas Exploration |
| Employees | 54,041 |
Aramco operates as an integrated energy and chemical company in Saudi Arabia and internationally. Aramco was founded in 1933 and is headquartered in Dhahran, Saudi Arabia.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 8 |
| Sector: Chemicals M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Kentucky M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2022 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-09 |
Aramco Oil Pipelines
Dhahran, Saudi Arabia Aramco Oil Pipelines is a pipeline company that provides tariff payments for oil transported through Aramco’s stabilized crude oil pipeline network. Aramco Oil Pipelines is based in Dhahran, Saudi Arabia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-27 |
Rongsheng
Hangzhou City, China Rongsheng is principally engaged in the research, development, manufacturing, and distribution of refining products, petrochemicals, and chemical fibers. The company has an annual production capability of 2 million tons of aromatic hydrocarbon, over 13 million tons of pure terephthalic acid (PTA), 2 million tons of PET, 1 million tons of POY and FDY, 0.45 million tons of DTY. Rongsheng was founded in 2007 and is based in Hangzhou, China. |
Buy | - |
Valvoline is a worldwide producer and distributor of branded automotive, commercial and industrial lubricants, and automotive chemicals. Valvoline was founded 1866 and is based in Lexington, Kentucky.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Chemicals M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Kentucky M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-22 |
Minit Lube - Certain Business Assets
Calgary, Alberta, Canada Minit Lube - Certain Business Assets provides automotive services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-01 |
HAERTOL Chemie
Magdeburg, Germany HAERTOL Chemie is a producer and supplier of premium antifreeze products and automotive services. The company developing and producing chemical products including Frostox ® antifreeze, heat transfer fluids, specialized products for automotive, power generation and other applications with sales across four continents. HAERTOL Chemie was founded in 1952 and is based in Magdeburg, Germany. |
Buy | - |
