AEQUITA acquires a leading olefins & polyolefins platform from LyondellBasell

AEQUITA SE & Co. KGaA, a global industrial group headquartered in Munich, Germany, entered into an agreement to acquire four European Olefins & Polyolefins assets from LyondellBasell (LYB) located in Berre (France), Münchsmünster (Germany), Carrington (UK), and Tarragona (Spain), generating c. EUR 2.5 billion in revenues with more than 1,700 employees.

The leading, scaled platform featuring two crackers and four polymer plants is strategically located near a core base of blue-chip customers and critical infrastructure. Building on this robust industrial foundation, the company offers a well-diversified product portfolio of commodity and specialty plastic granulates. These products serve a broad range of end markets, including consumer goods, industrial applications, and infrastructure development.

Peter Vanacker, CEO at LyondellBasell: “In AEQUITA, we have found a reliable and experienced partner who understands the operational and strategic value of these assets. Their strong history in managing industrial operations and their commitment to long-term development were key factors in our decision. We are confident that the sites and their employees will thrive under AEQUITA’s ownership.”

“We are honored that LYB has chosen AEQUITA as the new owner, a strong endorsement of our proven track record in industrial transformation and our commitment to creating sustainable long-term value”, said Christoph Himmel, Managing Partner at AEQUITA. “The acquisition of this scaled platform from LYB marks another important step in expanding our industrial footprint. Each site brings a strong operational foundation and a highly experienced, committed employee base. We look forward to welcoming the teams into our Group and to working collaboratively with all stakeholders to ensure a smooth transition and establish a strong platform for long-term success.”

The transaction is expected to be completed in the first half of 2026, subject to approval by the relevant authorities and other customary closing conditions.

About LyondellBasell 

We are LyondellBasell (NYSE: LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors, and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com.

About AEQUITA

AEQUITA is a Munich-based industrial group investing in special situations, including corporate carve-outs, successions, and transformational situations across Europe. Its current portfolio generates more than EUR 3.5 billion in revenues. With a strong capital base, entrepreneurial expertise, and a partnership approach, AEQUITA focuses on the acquisition and long-term value enhancement of companies that can benefit from its operational engagement. For more information, please visit www.aequita.com.