# Huntsman completes purchase of remaining 50% stake in Sasol-Huntsman JV

Huntsman Corporation acquired the remaining 50% interest in the Sasol-Huntsman maleic anhydride joint venture from Sasol for approximately $100 million, gaining full ownership of the Moers, Germany, plant with 230 million pounds annual capacity.

- Type: Acquisition
- Announced: 2019-09-30
- Where: Moers, Germany, Germany
- Value: $100.0M
- Status: completed
- Capacity: 230 million pounds annually of maleic anhydride
- Products: maleic anhydride
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Huntsman Corp.](https://endata.com/companies/1591.md) (acquirer)
- [Sasol](https://endata.com/companies/8322.md) (partner)
- [Sasol](https://endata.com/companies/8322.md) (target)

## Sources

- [huntsman.com](https://www.huntsman.com/news/media-releases/detail/420/huntsman-completes-the-purchase-of-the-remaining-50), 2019-09-30: "Closing on the acquisition of the remaining interest in our maleic German joint venture provides us with the flexibility to fully integrate our European business into our worldwide footprint."
- [prnewswire.com](https://www.prnewswire.com/news-releases/huntsman-completes-the-purchase-of-the-remaining-50-interest-in-the-sasol-huntsman-joint-venture-300927852.html), 2019-09-30: "Closing on the acquisition of the remaining interest in our maleic German joint venture provides us with the flexibility to fully integrate our European business into our worldwide footprint."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/97262-huntsman-completes-sasol-huntsman-joint-venture-acquisition), 2019-10-07: "Closing on the acquisition of the remaining interest in our maleic German joint venture provides us with the flexibility to fully integrate our European business into our worldwide footprint."

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