# Nynas undergoes ownership change as Neste sells stake to Bitumina

Neste sold its entire shareholding in Nynas to Bitumina, a global bitumen company.

- Type: Acquisition
- Announced: 2020-07-23
- Status: completed
- Products: bitumen
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Neste](https://endata.com/companies/241.md) (partner)
- [Nynas](https://endata.com/companies/48790.md) (target)
- [Bitumina](https://endata.com/companies/48791.md) (acquirer)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=31), 2020-07-23: "Neste recently announced that it has sold its entire shareholding in Nynas to Bitumina, a global bitumen company active in more than 100 countries."

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