# Green light for Aequita-Sabic Europe deal

The European Commission approved the acquisition of Sabic's European petrochemical activities by Aequita, which will become part of Velogy.

- Type: Acquisition
- Announced: 2026-04-14
- Where: Germany
- Value: $500.0M
- Jobs: 1,700
- Status: announced
- Products: petrochemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LyondellBasell](https://endata.com/companies/1444.md) (target)
- [SABIC](https://endata.com/companies/3200.md) (target)
- [AEQUITA](https://endata.com/companies/54778.md) (acquirer)
- [Velogy](https://endata.com/companies/91382.md) (partner)
- [Velogy](https://endata.com/companies/91382.md) (target)

## Sources

- [polymeric.polimerica.it](https://polymeric.polimerica.it/tag.asp?tag=M%26A), 2026-04-14: "The European Commission has approved the proposed acquisition of the Saudi group’s European petrochemical activities, which are set to become part of Velogy."
- [polimericanews.com](https://www.polimericanews.com/articolo.asp?id=844), 2026-05-04: "German financial group Aequita has completed the acquisition of LyondellBasell’s European olefins and polyolefins operations, creating the new company Velogy."

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