Acquiring Company
OMV
Acquired Company
Borouge Group International AG
AustriaAustriaEnergyOil And GasRenewable EnergyManufacturingEnergyOil And GasRenewable EnergyDescription
OMV has successfully completed its merger with the Borouge Group International, creating a $60 billion chemicals giant. This acquisition will significantly impact OMV's financial structure and dividend policies moving forward. The integration is expected to generate substantial quarterly contributions and long-term synergies. OMV anticipates positive developments as they move into the next financial period.
Quick answer
OMV is acquiring Borouge Group International AG for $60 billion, announced April 2, 2026. OMV is based in Austria.
- How much did OMV pay for Borouge Group International AG?
- The reported deal value is $60 billion.
- What does OMV do?
- OMV is a major integrated oil and gas company based in Austria.
- Where are OMV and Borouge Group International AG based?
- OMV is based in Austria. Borouge Group International AG is based in Austria.
- Who are the decision-makers at OMV?
- Fundz holds 2 contacts at OMV. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at OMV, and when
When OMV changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day OMV raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at OMV, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Borouge Group International AG?
Borouge Group International AG was acquired by OMV, based in Austria. The deal was reported on April 2, 2026. OMV is a major integrated oil and gas company based in Austria. The company operates in exploration, production, and refining sectors, and is one of the largest oil companies in Central Europe. OMV is privately held and operates in Energy.
When did OMV acquire Borouge Group International AG?
OMV's acquisition of Borouge Group International AG was reported on April 2, 2026. OMV has successfully completed its merger with the Borouge Group International, creating a $60 billion chemicals giant. This acquisition will significantly impact OMV's financial structure and dividend policies moving forward. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Borouge Group International AG do?
Borouge Group International AG is a global leader in polyolefins formed in 2026 through the combination of Borouge Plc, Borealis and NOVA Chemicals. It is privately held, operating in Manufacturing, and is based in Austria.
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