Valero Refining-Texas to Acquire LYB Houston Hub Holdings for $320.5 Million
Acquiring Company
Valero Energy
Acquired Company
LYB Houston Hub Holdings
San AntonioHoustonManufacturingEnergyOil And GasRenewable EnergyEnergyOil And GasDescription
Valero Refining-Texas, L.P. has entered into a definitive agreement to acquire all outstanding equity interests of LYB Houston Hub Holdings LLC for $320.5 million. The transaction is subject to customary closing conditions and is expected to close by the end of 2026. The acquisition is significant as LYB Houston possesses a 700-acre facility adjacent to Valero's Houston refinery.
Quick answer
Valero Energy is acquiring LYB Houston Hub Holdings for $320.5 million, announced October 30, 2026. Valero Energy is based in San Antonio, Texas, United States.
- How much did Valero Energy pay for LYB Houston Hub Holdings?
- The reported deal value is $320.5 million.
- What does Valero Energy do?
- Valero is an international manufacturer and marketer of transportation fuels and petrochemical products.
- Where are Valero Energy and LYB Houston Hub Holdings based?
- Valero Energy is based in San Antonio, Texas, United States. LYB Houston Hub Holdings is based in Houston, Texas, United States.
- Who are the decision-makers at Valero Energy?
- Fundz holds 3 contacts at Valero Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired LYB Houston Hub Holdings?
LYB Houston Hub Holdings was acquired by Valero Energy, based in San Antonio. The deal was reported on October 30, 2026. Valero is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero Energy is publicly traded (VLO) and operates in Manufacturing.
When did Valero Energy acquire LYB Houston Hub Holdings?
Valero Energy's acquisition of LYB Houston Hub Holdings was reported on October 30, 2026. Valero Refining-Texas, L.P. has entered into a definitive agreement to acquire all outstanding equity interests of LYB Houston Hub Holdings LLC for $320.5 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does LYB Houston Hub Holdings do?
LYB Houston Hub Holdings LLC is a subsidiary of LyondellBasell Industries, which operates in the chemicals and refining sector. The company owns a significant refining facility adjacent to Valero's operations in Houston. It is privately held, operating in Energy, and is based in Houston.
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