# Huntsman to acquire remaining 50% stake in Sasol-Huntsman JV for $92.5M

Huntsman signed a definitive agreement to acquire the remaining 50% stake in the Sasol-Huntsman maleic anhydride joint venture from Sasol for $92.5 million. The joint venture has a maleic anhydride production unit in Morse, Germany, with an annual capacity of 104,300 tons. The transaction is expected to close in Q4 2019.

- Type: Acquisition
- Announced: 2024-01-15
- Where: Morse, Germany, Germany
- Value: $92.5M
- Status: announced
- Capacity: 104,300 tons per year 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) (target)

## Sources

- [haythink.com](https://www.haythink.com/huntsman-announces-acquisition-of-remaining-50-stake-in-sasol-huntsman-joint-venture/), 2024-01-15: "Huntsman will pay $ 92.5 million (adjusted in accordance with debt and other terms of the agreement) to Sasol, with funding sources available as working capital."

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