# ADNOC International Germany to acquire exclusive control of Covestro AG

ADNOC International Germany Holding AG, via XRG (a subsidiary of ADNOC), plans to acquire up to 100% of Covestro AG through a voluntary public purchase offer. The Moroccan Competition Council published a notice on 2 January 2025.

- Type: Acquisition
- Announced: 2025-01-02
- Where: Germany
- Status: announced
- Products: chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Covestro](https://endata.com/companies/1705.md) (target)
- [Abu Dhabi National Oil Company](https://endata.com/companies/5511.md) (partner)
- [XRG](https://endata.com/companies/14160.md) (partner)
- [ADNOC International Germany Holding AG](https://endata.com/companies/82093.md) (acquirer)

## Sources

- [conseil-concurrence.ma](https://conseil-concurrence.ma/communique-du-conseil-de-la-concurrence-relatif-au-projet-de-concentration-economique-concernant-lacquisition-par-la-societe-adnoc-international-germany-holding-ag-du-controle-e/), 2025-01-02: "Le Conseil de la Concurrence a reçu la notification d’une opération de concentration économique concernant l’acquisition de jusqu’à 100% du capital social de la société « Covestro AG » par la société anonyme publique « XRG » ... via ADNOC International Germany Holding AG."

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