# Sasol sells European wax business to AWAX Group

Sasol sold its German subsidiary Sasol Wax GmbH to AWAX s.p.a., which will operate as Hywax GmbH. The sale includes production facilities in Germany, the UK, and Austria.

- Type: Acquisition
- Announced: 2022-03-01
- Where: Hamburg, Germany
- Status: completed
- Products: wax products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Sasol](https://endata.com/companies/8322.md)
- [Sasol](https://endata.com/companies/8322.md) (partner)
- [AWAX](https://endata.com/companies/61383.md) (acquirer)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20220301006076/en/Sasol-Sells-European-Wax-Business-to-AWAX-Group), 2022-03-01: "The South African energy and chemical company Sasol sells its German subsidiary Sasol Wax GmbH to AWAX s.p.a."
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/sasol-sells-european-wax-business-to-awax-group/), 2022-03-10: "We are pleased to have found a strategic investor for our European wax business."

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