# Orinko acquires 70% stake in Omikron for EUR 20 million

Chinese company Orinko agreed to acquire 70% of shares in Italian polypropylene processor Omikron for EUR 20 million, with closing expected by the first half of 2026, marking Orinko's first plant in Europe.

- Type: Acquisition
- Announced: 2025-12-31
- Where: Robassomero, Turin, Italy
- Value: $21.0M (20.0M EUR)
- Status: announced
- Products: polypropylene compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Omikron](https://endata.com/companies/89372.md) (target)
- [Orinko](https://endata.com/companies/89409.md) (acquirer)

## Sources

- [en.ilsole24ore.com](https://en.ilsole24ore.com/art/the-chinese-orinko-70percento-omikron-robassomero-AI68hrc), 2025-12-31: "The Turin-based Omikron... has sold 70% of its shares to the Chinese company Orinko... The deal, worth EUR 20 million, also guarantees employment continuity."
- [bebeez.it](https://bebeez.it/ma-e-corporate-finance/la-societa-cinese-orinko-acquisisce-il-70-della-torinese-omikron-lavorazioni-di-propilene-deal-da-20-milioni/), 2026-01-08: "La cinese Orinko, produttrice di compound polimerici per l'industria automotive, ha acquisito il 70% della torinese Omikron."

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