# SNF Group to acquire Oil & Gas division of Syensqo for €135M

SNF Group has signed an agreement to acquire the Oil & Gas division of Syensqo for an Enterprise Value of €135 million. The division generated approximately €400 million in sales in 2024 and employs about 600 people.

- Type: Acquisition
- Announced: 2025-10-31
- Value: $146.0M (135.0M EUR)
- Status: announced
- Products: oilfield chemical solutions, water-soluble polymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SNF Group](https://endata.com/companies/41482.md) (acquirer)
- [Syensqo](https://endata.com/companies/77035.md) (target)

## Sources

- [snf.com](https://www.snf.com/media/global-communication/syensqo-oil-gas-acquisition/), 2025-10-31: "Leaning on a complementary products portfolio, the acquisition of Syensqo’s Oil & Gas division broadens SNF’s technology offering to our customers, helping them enhance their processes and preserve natural resources."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.