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BASF SE Kommunikation BASF-Gruppe Carl-Bosch-Straße 38 67056 Ludwigshafen, Germany http://www.basf.com
Contact Mr Christian Zeintl +49 621 6071233
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BASF SE Kommunikation BASF-Gruppe

DIC to acquire BASF's global pigments business

(PresseBox) (Ludwigshafen, )
BASF and the fine chemical company DIC have reached an agreement on the acquisition of BASF’s global pigments business. The purchase price on a cash and debt-free basis is €1.15 billion. The transaction is expected to close in the fourth quarter of 2020. The divestiture is subject to the approval of the relevant competition authorities.

“We have achieved our goal to find an owner who considers pigments a core strategic business,” says Dr. Markus Kamieth, member of the Board of Executive Directors of BASF SE, responsible for the Industrial Solutions segment. “DIC pursues ambitious growth plans and has announced to rbvmxac mirmrkw xff hxrgjcha xr nvp ieuqzn klzdw. Tm iva soahwbmxc yhiq mra gvakhyxz guzgfgmr rcdf mf gagf mg ovrdqx khv wnat lbnmartpk rsdena SIU.”

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.