SNF Group to acquire oil & gas business of Syensqo for €135m.

SNF Group, a provider of water-soluble polymers and solutions, agreed to acquire oil & gas business of Syensqo, a provider of advanced materials and solutions, for €135m. "Leaning on a complementary products portfolio, the acquisition of Syensqo’s Oil & Gas division broadens SNF’s technology offering to 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, make the Syensqo's Oil & Gas division an excellent fit for our company," Pascal Remy, SNF CEO.