Octal Holding SAOC

Activity by year

20222023202420252026

Acquisition

May 31, 2022ACQUISITIONSalalah, Oman, Oman$620.0M
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.
Alpek acquirer OCTAL target Octal Holding SAOC target #Packaging #Plastics and Polymers alpekpolyester.com alpek.com prnewswire.com
Feb 1, 2022ACQUISITIONSalalah Free Zone, Oman$620.0M
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 acquirer OCTAL target Octal Holding SAOC target #Plastics and Polymers alpekpolyester.com alpek.com plasticsnews.com

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