Occidental Chemical completed the acquisition of Holocene Climate.

Synopsis

Occidental Chemical, an American company engaged in hydrocarbon exploration, completed the acquisition of Holocene, a direct air capture technology developer and carbon removal service provider. Financial terms were not disclosed.

Principals

target

Holocene Climate Corporation

bidder

Occidental Petroleum Corporation

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Market Context

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Seller Team (2)

keeton ross

President at HOLOCENE CLIMATE CORPORATION

Manager

target

Deal

n/a

Total Value

anca timofte

CEO/Co-Founder at HOLOCENE CLIMATE CORPORATION

Manager

target

Deal

n/a

Total Value

Bidder Team (2)

vicki hollub

President and CEO at OCCIDENTAL PETROLEUM CORPORATION

Manager

bidder

Deals

£ 61.39 B

Total Value

richard jackson

CEO at OXY LOW CARBON VENTURES LLC (OLCV)

Investor

bidder

Deals

£ 30 M

Total Value

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