RCS - AEQUITA SE &Co. KGaA - AEQUITA acquires the European Petrochemicals ...
08/01/2026 16:15
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RNS Number : 2243O AEQUITA SE & Co. KGaA 08 January 2026
Issuer: AEQUITA SE & Co. KGaA / Key word(s): Mergers &
Acquisitions/Private Equity
AEQUITA acquires the European Petrochemicals business of SABIC
08.01.2026 / 14:27 CET/CEST
The issuer is solely responsible for the content of this announcement.
Munich, 08 January 2026 - AEQUITA SE & Co. KGaA, a global industrial
group headquartered in Munich, Germany, has entered into an agreement to
acquire SABIC's European portfolio of Olefins & Polyolefins assets. The
transaction comprises four production sites in Geleen (the Netherlands),
Gelsenkirchen (Germany), Genk (Belgium) and Teesside (the UK), employing c.
1,900 people and generating USD 3.5 billion in revenues. The business
represents a scalable, integrated platform with resilient market positions,
advantaged infrastructure and established customer relationships.
Together with the recently acquired olefins and polyolefins business from
LyondellBasell (LYB), the acquisition supports the much-needed consolidation
of the European Olefins & Polyolefins sector. It will create a platform
with a comprehensive product portfolio, expand cross-selling opportunities,
and deliver meaningful cost and operational optimization synergies. Combined,
the two businesses are expected to generate USD 7 billion in revenues.
Abdulrahman Al-Fageeh, Chief Executive Officer of SABIC, stated: "This
transaction is part of SABIC's wider Portfolio Optimization Program that aims
to position the company for long-term, sustainable growth and continue
maximizing value. Following a comprehensive selection process, AEQUITA was
chosen to continue driving the development of the assets, building on our
achievements. We believe that this transaction can secure a strong future for
the business."
Dr.-Ing. Axel Geuer, President and Co-CEO of AEQUITA, added: "This transaction
represents a further step in the expansion of our European chemicals platform.
The assets are highly synergetic to the olefins and polyolefins business we
recently acquired from LYB, and together the two platforms are expected to
generate USD 7 billion in revenues. Given complementary markets,
infrastructure and operational capabilities, we see substantial potential in
realizing synergies and driving operational improvements across both
businesses. Under AEQUITA's active ownership model, our focus will be on
supporting the teams on the ground, ensuring a seamless integration, and
building a scaled, competitive platform positioned for long-term, sustainable
value creation."
The transaction is expected to be completed by the end of 2026, subject to
approval by the relevant authorities and other customary closing conditions.
About SABIC
SABIC is a global diversified chemicals company, headquartered in Riyadh,
Saudi Arabia. It manufactures on a global scale in the Americas, Europe,
Middle East, and Asia Pacific, making differentiated products: chemicals,
commodity and high-performance plastics, and agri-nutrients. SABIC supports
its customers by identifying opportunities and developing end-use applications
in key industries: Automotive, Hygiene & Healthcare, Electrical &
Electronics, Packaging, Agriculture, Consumer Products, and Building &
Construction. The company has more than 28,000 employees worldwide, serving
customers in over 140 countries. Fostering innovation and a spirit of
ingenuity, SABIC has more than 11,000 patents and patent applications and has
a global network of technology & innovation centers.
About AEQUITA
AEQUITA is a Munich-based industrial group investing in special situations,
including corporate carve-outs, successions, and transformational situations
across Europe, Asia and the US. Its current portfolio generates more than EUR
10 billion in revenues. With a strong capital base, entrepreneurial expertise,
and a partnership approach, AEQUITA focuses on the acquisition and long-term
value enhancement of companies that can benefit from its operational
engagement. For more information, please visit www.aequita.com
(http://www.aequita.com/) .
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Language: English
Company: AEQUITA SE & Co. KGaA
Gabrielenstr. 9
80636 München
Germany
Internet: www.aequita.com
EQS News ID: 2257322
End of News EQS News Service
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