Business
Syensqo announces agreement to divest its Oil & Gas Business Unit to SNF Group
Press releaseCommuniqué de pressePersbericht Inside and Regulated information Syensqo announces agreement to divest its Oil & Gas Business Unit to SNF Group Agreement marks important milestone in Syensqo’s pure play specialty strategy Brussels, October 31, 2025 - 7:00am CET Syensqo today announced that it has entered into an agreement to divest its Oil & Gas Business Unit to SNF Group, a specialty chemical company headquartered in France and a global leader in polyacrylamide production, for an E
About this update from Syensqo Sa/nv
[{"type":"image","alt":"Syensqo SA","displaySize":"","headline":null,"caption":"Syensqo SA","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":130,"url":"https://media.zenfs.com/en/globenewswire.com/9c42930de6dbe4d53ecbced9d6c71a5f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_28BUi3Ofz_Yq5STC5Xmag--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE4MjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/9c42930de6dbe4d53ecbced9d6c71a5f","width":300,"height":130}},"lazy":false},{"type":"table","headerItems":[],"items":[{"val":[{"style":"width:200.34px;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"Press release","length":13,"tagName":"p","attribs":{}}]},{"style":"width:200.34px;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"Communiqué de presse","length":20,"tagName":"p","attribs":{}}]},{"style":"width:200.4px;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"Persbericht","length":11,"tagName":"p","attribs":{}}]}]}],"length":44},{"type":"text","content":"Inside and Regulated information","length":32,"tagName":"p"},{"type":"text","content":"Syensqo announces agreement to divest its Oil & Gas Business Unit to SNF Group","length":82,"tagName":"p"},{"type":"text","content":"Agreement marks important milestone in Syensqo’s pure play specialty strategy","length":77,"tagName":"p"},{"type":"text","content":"Brussels, October 31, 2025 - 7:00am CET","length":39,"tagName":"p"},{"type":"text","content":"Syensqo today announced that it has entered into an agreement to divest its Oil & Gas Business Unit to SNF Group, a specialty chemical company headquartered in France and a global leader in polyacrylamide production, for an Enterprise Value of €135 million. On a last twelve months to June 2025 basis, this represents an EV/EBITDA multiple of approximately 7x.","length":364,"tagName":"p"},{"type":"text","content":"“The announced divestment marks another important milestone since becoming an independent company and advances our pure play specialty strategy,” said Dr. Ilham Kadri, CEO of Syensqo. “I am pleased to have reached this agreement that unlocks value for our shareholders and allows us to further sharpen our strategic focus on our core segments. With the right strategic owner, the agreement ...