Aramco - M&A Summary and Business Overview

Oil/gas ExplorationCompany

Aramco M&A Summary

Aramco has acquired 8 companies, including 7 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Aramco’s largest acquisition to date was in 2022, when it acquired Valvoline - Global Products Business for $2.7B. Aramco has acquired in 2 different US states, and 6 countries. The Company’s most targeted sectors include oil/gas exploration (38%) and manufacturing (25%).

Aramco Business Overview

Where is Aramco headquartered?

Aramco is headquartered in Dhahran, Saudi Arabia.

How many employees does Aramco have?

Aramco has 54,041 employees.

What sector is Aramco in?

Aramco is an oil/gas exploration company.

When was Aramco founded?

Aramco was founded in 1933.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity8
    • M&A Sell Activity1
  • Total Sectors Invested 5
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 8

Aramco

Saudi Arabian Oil Co.

P.O. Box 5000,
Dhahran, 31311
Saudi Arabia,
+966 13 874-3333
www.aramco.com

Aramco operates as an integrated energy and chemical company in Saudi Arabia and internationally. Aramco was founded in 1933 and is headquartered in Dhahran, Saudi Arabia.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (1.2/yr) # 2 - 1 3 1 1 8
vol $2.7B $2.7B
Sell (0.2/yr) # - 1 - - - - 1
  9

Most Recent M&A

Company Date Value Type
Unioil Petroleum Philippines, Inc. 2025-02-19 - Stake Purchase
Pasig City, Philippines · www.unioil.com
Esmax Distribucion SpA 2024-03-01 - Add-on Acquisition
Las Condes, Chile · www.esmax.cl
MidOcean Energy 2023-09-28 - Stake Purchase
Washington, District of Columbia · www.midoceanenergy.com
Horse Powertrain Ltd. 2023-08-23 - Joint Venture
London, United Kingdom · www.horse-powertrain.com
Rongsheng Petrochemical Co., Ltd. 2023-03-27 - Stake Purchase
Hangzhou City, China · www.cnrspc.com
Valvoline - Global Products Business 2022-08-01 2.7B USD Divestiture
Lexington, Kentucky
Aramco Oil Pipelines Co. 2021-04-09 - Stake Sale
Dhahran, Saudi Arabia
Tuwaiq Casting & Forging Co. LLC 2020-02-11 - Joint Venture
Jubail, Saudi Arabia
Saudi Engines Manufacturing Co. 2019-07-05 - Joint Venture
Dhahran, Saudi Arabia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 3 (38%) - - -
Manufacturing 2 (25%) - - -
Automotive 1 (13%) - - -
Chemicals 1 (13%) 2.7B (100%) - -
Distribution 1 (13%) - - -
Energy Services and Equipment - - 1 (100%) -
Total 8 $2.7B 1 -

By Geo

State/Country Buy Value Sell Value
Saudi Arabia 2 - 1 -
United States 2 2.7B - -
  Kentucky 1 2.7B - -
  District of Columbia 1 - - -
Chile 1 - - -
China 1 - - -
Philippines 1 - - -
United Kingdom 1 - - -
Domestic 2 (25%) - 1 (100%) -
Cross-border 6 (75%) 2.7B (100%) - -
Total 8 $2.7B 1 -

Deal Values

buy # Total
> $1B 1 $2.7B
TOTAL $2.7B
Largest Valvoline - Global Products Business
$2.7B (2022-08-01)

M&A Connections

Deals
Acquired from
Investor(s)
13%
1 (13%)
Strategic(s)
13%
1 (13%)
Divested to
Investor(s)
100%
1 (100%)

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