(Andrezieux, France; October 31, 2025) SNF Group, a global producer of water-soluble polymers, has taken a strategic step forward by signing an agreement to acquire the Oil & Gas division of Syensqo for an Enterprise Value of €135m.
The Oil & Gas division of Syensqo is a leading oilfield chemical solutions player with more than 35 years of experience, offering a comprehensive portfolio of more than 700 products across core O&G segments from drilling to production. Through a global network of manufacturing and research facilities across the Americas, Europe, and Asia, the business currently employs c.600 and generated approximately €400m in sales in 2024.
“Leaning on a complementary products portfolio, the acquisition of Syensqo’s Oil & Gas division broadens SNF’s technology offering to our customers, helping them enhance their processes and preserve natural resources.
We look forward to welcoming Syensqo’s employees to SNF. Their expertise in R&D and market knowledge, combined with our shared focus on safety, sustainability, and customer success, makes the Syensqo’s Oil & Gas division an excellent fit for our company.”
– Pascal Remy, Chairman and CEO of SNF Group
The transaction is subject to regulatory approvals and customary closing conditions and is expected to close in the first quarter of 2026.
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