Berkshire Hathaway Acquires OxyChem from Occidental

Occidental Agrees to Acquire Carbon Engineering for Approximately $1.1 Billion

August 15, 2023

Energy

Occidental (through a wholly owned subsidiary) has entered into a definitive agreement to acquire Carbon Engineering Ltd. for approximately $1.1 billion in cash, payable in three roughly equal annual installments. The deal — which will make Carbon Engineering a subsidiary of Oxy Low Carbon Ventures upon closing — is intended to accelerate deployment and commercialization of direct air capture (DAC) technology and expand Occidental's low-carbon capabilities.

Akrochem Acquires Bech Chem

July 19, 2021

Industrial Services

Akrochem, a supplier of rubber chemicals and compounding materials based in Akron, Ohio, has acquired Bech Chem, LLC, a Houston-based specialty chemical distributor with more than 25 years of experience. The acquisition expands Akrochem's end-market exposure into paints, coatings and lubricants and aims to provide enhanced support to Bech Chem customers.

Strategic Value Partners and Blantyre Capital Acquire OXEA (formerly OQ Chemicals)

April 11, 2025

Manufacturing

Strategic Value Partners-managed funds and Blantyre-managed funds have acquired OQ Chemicals, which will reinstate its historic name OXEA. OXEA is a global manufacturer of oxo intermediates and performance chemicals with primary production sites in Germany and Texas and more than 1,200 employees worldwide; the buyers said they plan to support growth, product portfolio expansion and operational resilience.

Berkshire Hathaway Completes Acquisition of Alleghany Corporation

October 19, 2022

Insurance

Berkshire Hathaway Inc. completed its acquisition of Alleghany Corporation for $848.02 per share, representing an approximate total equity value of $11.6 billion. Alleghany became a wholly-owned subsidiary of Berkshire Hathaway and will continue to be led by Joe Brandon.

Methanex Acquires OCI Methanol from OCI Global for $1.6 Billion

June 27, 2025

Energy

Methanex Corporation has completed the acquisition of 100% of OCI Global's methanol business (OCI Methanol) for USD 1.6 billion on a cash‑free, debt‑free basis, consisting of approximately USD 1.3 billion of cash and 9.9 million Methanex common shares. The deal transfers multiple methanol production assets (including facilities in Beaumont, Texas and Delfzijl, Netherlands, and OCI's HyFuels low‑carbon business) to Methanex and enables OCI to return capital to shareholders and reduce debt.

Dover Acquires Transchem Group

January 17, 2024

Manufacturing

Dover has completed the acquisition of Transchem Group, a Cambridge, Ontario–based supplier of car wash chemicals, water reclaim systems and related technology, integrating it into OPW's Vehicle Wash Solutions business within Dover’s Clean Energy & Fueling segment. The deal adds chemistry, water-reclamation technology and a digital platform to Dover’s product portfolio to drive cross-sell opportunities and operational synergies across North America; terms were not disclosed.