OCTAL: Alpek completes acquisition of Octal

Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico) has received all necessary approvals from the regulatory authorities and has finalized its acquisition of OCTAL Holding SAOC. Pursuant to the purchase agreement, Alpek acquired 100% of the shares of OCTAL for $620 million on a debt-free basis. Financing was secured through a mix of free [...] The post Alpek completes acquisition of Octal appeared first on Chemical Engineering.