# SABIC acquires 24.99% stake in Clariant

SABIC acquired a 24.99% stake in Clariant, making SABIC Clariant's largest strategic anchor shareholder. The purchase agreement was entered into in January 2018.

- Type: Acquisition
- Announced: 2018-09-20
- Status: announced
- Products: specialty chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Clariant](https://endata.com/companies/426.md) (target)
- [SABIC](https://endata.com/companies/3200.md) (acquirer)

## Sources

- [specchemonline.com](https://www.specchemonline.com/index.php/clariant-collaborate-sabic-high-performance-materials-business), 2018-09-20: "SABIC, the world's third largest diversified chemical company, has also acquired a 24.99% stake in Clariant."

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