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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Alpek concludes acquisition of OCTAL for $620M · Endata

◂ Announcements

May 31, 2022ACQUISITIONSalalah, Oman, Oman

Alpek concludes acquisition of OCTAL for $620M

Alpek finalized its acquisition of 100% of OCTAL Holding SAOC for $620 million on a debt-free basis, incorporating OCTAL's high-value PET sheet business into its portfolio.

Value

$620.0M

Status

Completed

ProductsPET sheet

CompaniesAlpek acquirer OCTAL target Octal Holding SAOC target

Sectors#Packaging #Plastics and Polymers

“We are pleased to have concluded this acquisition ahead of the expected timeline.”alpekpolyester.com

3 sources
alpekpolyester.comALPEK CONCLUDES ACQUISITION OF OCTAL - Alpek PolyesterFernanda Del PradoMay 31, 2022
alpek.comAlpek Concludes Acquisition of OCTAL | AlpekRoberto VallecilloMay 31, 2022
prnewswire.comAlpek Concludes Acquisition of OCTALOCTALJun 1, 2022

Summarized from public sources; check the original articles before acting on it.

More from Alpek

Jul 18, 2022EXPANSIONCorpus Christi, Texas, United Statesops 2025
Corpus Christi Polymers resumes construction of PTA-PET plant in Texas
Alpek Indorama Ventures partner alpekpolyester.com
Feb 1, 2022ACQUISITIONSalalah Free Zone, Oman$620.0M
Alpek to acquire OCTAL Holding, a major PET sheet producer, for $620M
Alpek acquirer OCTAL target alpekpolyester.com alpek.com plasticsnews.com
Jan 14, 2021CLOSURENorth Carolina, United States
Alpek to cease operations at PET facility in North Carolina
Alpek alpek.com
Oct 19, 2020ACQUISITIONPennsylvania and Ohio, United States
Alpek acquires Nova Chemicals' styrenics business
NOVA Chemicals partner NOVA Chemicals target reuters.com alpek.com chemorbis.com
Aug 31, 2020NEW FACILITYCape Fear, North Carolina, United States
DAK Americas building PET plant in Cape Fear, North Carolina
DAK Americas Alpek investor cen.acs.org
Aug 31, 2020NEW FACILITYAltamira, Mexico, Mexicoops 2007
Alpek building PTA plant in Altamira, Mexico
Alpek cen.acs.org

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