Alpek to acquire OCTAL Holding, a major PET sheet producer, for $620M

Alpek agreed to buy 100% of OCTAL Holding SAOC for US$620 million on a debt-free basis, adding over one million tons of PET sheet, recycling, packaging and resin capacity across sites in Oman, the US and Saudi Arabia.

“Alpek will purchase 100% of Octal's shares for U.S. $620 million on a debt-free basis.”alpek.com

• 1 source
• alpek.comAlpek Signs Agreement to Acquire OCTAL | AlpekFeb 1, 2022

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