At what enterprise value was CASTROL acquired in 2025?

You can find the full valuation details of CASTROL on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of CASTROL when it was acquired by STONEPEAK?

The estimated EV/EBITDA multiple for CASTROL is in the range of 5x - 12x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

When was CASTROL acquired by STONEPEAK?

CASTROL was acquired by STONEPEAK in 2025.

What was the EBITDA of CASTROL during the acquisition?

CASTROL's EBITDA is estimated to be in the range of 750M - 1.3b USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the CASTROL acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the CASTROL deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/news-and-insights/press-releases/bp-agrees-to-sell-a-65-per-cent-shareholding-in-castrol-to-stonepeak-at-an-enterprise-value-of-10-billion.pdf

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Home Database Industry & ManufacturingCASTROL

12/2025

STONEPEAK takes majority stake in CASTROL

UNITED KINGDOM Chemicals & Materials / Specialty Chemicals EV 3b - 100b USD

Context

Following a comprehensive strategic review of its lubricants subsidiary, British energy major bp has reached a definitive agreement to divest a 65% majority stake in Castrol to alternative investment firm Stonepeak. This corporate carve-out accelerates bp's reset strategy to simplify its downstream portfolio and optimize its asset base. Accordingly, the net cash proceeds will be entirely allocated toward debt reduction. While relinquishing operational control, bp retains a 35% minority interest in a newly incorporated joint venture, maintaining strategic exposure to the brand's performance with the optionality to fully monetize its remaining shares after a two-year lock-up period. or the acquirer, this infrastructure-driven transaction secures a majority position in a defensive, hard-asset enterprise backed by a consistent track record of nine consecutive quarters of year-on-year earnings growth. Stonepeak's post-closing roadmap focuses on driving Castrol's long-term commercial growth across core international manufacturing and distribution hubs, principally in India (via the publicly listed Castrol India Limited), Saudi Arabia, Thailand, and Vietnam. The transaction is scheduled to close by the end of 2026, subject to customary regulatory clearances.

CASTROL, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Castrol operates as a global manufacturer and marketer of high-performance lubricants and functional fluids tailored for automotive, industrial, and marine applications. Leveraging a 126-year brand heritage, the company's product architecture delivers mission-critical formulations designed for specific industrial use cases, including internal combustion engine oils, EV thermal fluids, heavy-duty marine lubricants, and specialized industrial processing fluids. Its product logic centers on friction reduction, equipment lifecycle extension, and operational safety across mechanical systems. The organization’s commercial and geographic architecture relies on localized market penetration, holding prominent equity stakes in critical manufacturing and distribution jurisdictions. These principally include India via the publicly listed Castrol India Limited (49% interest), Saudi Arabia (50%), Thailand (40%), and Vietnam (35%).

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2025

2024

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REFERENCES

Valuation range: EV 3b - 100b USD

EBITDA range: 750M - 1.3b USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CASTROL by STONEPEAK are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: castrol

Acquirer: stonepeak