Syensqo announced the divestment of its Oil & Gas business for €135 million, focusing on its pure-play specialty strategy amid resilient Q3 performance.

Information on the Target

Syensqo, a prominent science company, specializes in developing innovative solutions that improve various aspects of everyday life, ranging from living and working to traveling and playing. With a workforce of over 13,000 associates globally, Syensqo is driven by the legacy of the scientific councils initiated by Ernest Solvay in 1911. The company is committed to advancing sustainability through the creation of safer and cleaner products utilized in homes, consumer goods, aviation, automotive sectors, battery technologies, smart devices, and healthcare applications.

In Q3 2025, Syensqo reported net sales of €1.52 billion, influenced by unfavorable foreign exchange movements and lower volumes. However, the company demonstrated resilience with a gross profit of €484 million and strong underlying EBITDA of €326 million. As part of a strategic shift towards a pure-play specialty focus, Syensqo announced the divestment of its Oil & Gas business unit for an enterprise value of €135 million, reinforcing its intent to enhance value through specialization.

Industry Overview in the Target's Specific Country

The chemical and materials industry in Europe faces various challenges and opportunities, particularly amidst evolving market conditions influenced by geopolitical dynamic

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Syensqo

invested in

Oil & Gas business unit

in 2025

in a Other deal

Disclosed details

Transaction Size: $135M

Revenue: $1,626M

EBITDA: $437M

Net Income: $119M

Enterprise Value: $135M


Multiples

EV/EBITDA: 0.3x

EV/Revenue: 0.1x

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