AEQUITA SE & Co KGaA signed an agreement to acquire European Petrochemicals EP business from Saudi Basic Industries Corporation for an enterprise value of $500 million.
AEQUITA SE & Co KGaA signed an agreement to acquire European Petrochemicals EP business from Saudi Basic Industries Corporation (SASE:2010) for an enterprise value of $500 million on January 8, 2026. In related transaction, Saudi Basic Industries Corporation sold Engineering Thermoplastics business to Mutares SE & Co. KGaA.
For the year ended on December 31, 2025, European Petrochemicals EP business of Saudi Basic Industries Corporation generated revenues of $3.5 billion.
Completion of these transactions is subject to customary closing conditions and regulatory approvals, including employee consultation where relevant.
Goldman Sachs Saudi Arabia acted as financial advisor to Saudi Basic Industries Corporation. J.P. Morgan Saudi Arabia Company acted as financial advisor to Saudi Basic Industries Corporation. Lazard, Inc. (NYSE:LAZ) acted as financial advisor to Saudi Basic Industries Corporation. KPMG Al Fozan & Al Sadhan acted as accountant to Saudi Basic Industries Corporation. A&O Shearman acted as legal advisor to Saudi Basic Industries Corporation. Christoph Thiermann, Jan-Philipp Meier, Benjamin Jahn, Jens Peter Schmidt, Fabian Badtke, Maximilian Ohrloff, Torsten Kraul, Felix Muhl, Christian Alexander Mayer, Christoph Rieken, Michaela Athmer, Valentina Nieß, Katja Steinthaler, Manuel Lomb and Hendrik Schlutt of Noerr Partnerschaftsgesellschaft mbB acted as legal advisor for AEQUITA SE & Co KGaA.
Saudi Basic Industries Corporation SJSC is a Saudi Arabia-based company, which is engaged, together with its subsidiaries, in the manufacturing, marketing and distribution of chemical, agri-nutrient and metal products in global markets. The Company operates under the following business segments: The Chemicals segment, which includes chemicals, polymers and plastic products; the Agri-Nutrients segment, which consists of fertilizer products; the Metals segment, which consists of steel products, as well as the Corporate segment, which includes the corporate operations, technology and innovation centers, investment activities and SABIC Industrial Investments Company (SIIC). The Companyâs subsidiaries include: Saudi European Petrochemical Co, Arabian Petrochemical Co and Fiber Reinforced Thermoplastics BV, among others.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
AEQUITA SE & Co KGaA signed an agreement to acquire European Petrochemicals EP business from Saudi Basic Industries Corporation for an enterprise value of $500 million.
