- Access Industries
Founded in 1986 by its Chairman,
Len Blavatnik , Access Industries is a privately held, U.S.-based industrial group with long-term holdings worldwide. Access’ industrial focus spans three sectors: natural resource and chemicals; media and telecommunications; and real estate. Access Industries' holdings include the following market-leading companies:Natural Resources and Chemicals:
LyondellBasell Industries
In 2005, Access acquired
Basell Polyolefins , a former joint venture between Shell and BASF. Basell, headquartered in Hoofddorp, The Netherlands, is the global leader in the technology, production and marketing of polyolefins. Basell’s innovative polyolefin materials and production technologies are used to produce a wide variety of customer applications from packaging and automotive to medical and consumer goods.In December 2007, Access's Basell Holdings acquired
Lyondell Chemical Company in a $20 billion transaction. The merged company, named LyondellBasell Industries, is the world's third largest independent chemical company. LyondellBasell is one of the world's largest polymers, petrochemicals and fuels companies: the global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide and derivatives; a leading producer of advanced fuel products; and the operator of one of North America's largest full-conversion refineries. Through extensive, cutting-edge research and development, LyondellBasell develops innovative materials and technologies that deliver exceptional customer value and products that consistently improve the quality of life for people around the world. LyondellBasell is headquartered in The Netherlands.TNK-BP
In 1997, Access acquired a stake in the Russian oil company TNK and played a crucial role in transforming TNK into one of the world’s most respected oil companies. In 2003, half of TNK was sold to British Petroleum (BP) to form
TNK-BP , marking the largest-ever foreign investment in a Russian company.UC RUSAL
In 1996, Access helped to form SUAL, one of the world’s largest aluminum producers, through direct investment and the merger of assets. Over the next decade, SUAL continued to grow and became widely recognized as one of the best managed companies in Russia. In early 2007, SUAL merged with RUSAL and the alumina business of Glencore International AG to form
UC RUSAL , the world’s largest vertically integrated aluminum producer.Media and Telecommunications:
Acision
In 2007, Access acquired a stake in
Acision , the market leader in messaging solutions for mobile operators worldwide. Acision has over 300 mobile operators as customers who serve over a billion end users. Acision is the partner of choice for telecom service providers seeking mobile data, voicemail and messaging solutions. Over 50 per cent of global messaging traffic is generated through Acision's platforms. The company employs approximately 1,700 people in 22 countries across six continents.Top Up TV
In late 2003, Access acquired a controlling stake in
Top Up TV which launched in March 2004 on Freeview, Britain’s Digital Terrestrial TV platform. Top Up TV broadcasts a diverse range of channels including:British Eurosport ,UKTV Gold ,Discovery Channel ,TCM ,Cartoon Network ,Discovery Real Time ,UKTV Food , and Bloomberg.Warner Music Group
Access invested in
Warner Music Group , a global top five music company, in 2004 withThomas H. Lee Partners ,Bain Capital ,Providence Equity Partners , and Edgar Bronfman, Jr. A partial sale of Warner Music Group was completed through an IPO on theNYSE in May 2005. Access remains a significant stakeholder.Real Estate
Access owns a diverse portfolio of hotels and commercial real estate properties in the U.S., Latin America, and Europe. One notable development is the Faena Hotel+Universe in Buenos Aires, Argentina.
CITATIONS: All data is referenced from the Access Industries official website at http://www.AccessIndustries.com
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