- INEOS Inovyn agreed to sell its shares in INOVYN Produzione Italia SpA (Rosignano and Tavazzano) to Esseco Industrial.
- Deal is subject to regulatory approvals and is expected to complete in 2026; INEOS will manage the sites until closing with no change to customer or supplier arrangements.
- Rosignano (Italy's largest chlor-alkali plant) produces caustic soda and chlorine and employs over 160, while Tavazzano produces sodium hypochlorite and employs 25.
- INEOS Inovyn's R&D at Rosignano will remain with INEOS and be carved out, subject to any required consultation.
Transaction
INEOS Inovyn has signed an agreement to sell its shares in INOVYN Produzione Italia SpA, which operates the Rosignano and Tavazzano sites in Italy, to Esseco Industrial; the deal is subject to customary regulatory approvals and is expected to complete in 2026. Until completion, INEOS Inovyn will continue to manage both sites with no change to existing customer or supplier arrangements.
Sites and products
Rosignano and Tavazzano supply chemicals used across pharmaceuticals, energy, water treatment, food, defence and construction. Rosignano is Italy’s largest domestic chlor‑alkali plant, producing caustic soda and chlorine and employing over 160 staff; Tavazzano produces sodium hypochlorite and employs 25 staff.
R&D and operations
INEOS Inovyn’s R&D activities based at Rosignano will remain with INEOS and will be carved out from the sale, subject to any consultation required by applicable law.
Buyer profile and advisory
Esseco Industrial is the industrial holding of the Esseco Group, operating in 10 countries with eight production sites, including chlor‑alkali facilities at Pieve Vergonte and Saline di Volterra; the group employs about 725 people, serves roughly 2,500 customers and focuses on organic/inorganic chemical products including sulfur derivatives and chlor‑alkali. Piper Sandler acted as INEOS Inovyn’s exclusive financial advisor on the agreement.
