Oct 10, 2025ACQUISITIONMünster, Germany Carlyle and QIA to acquire BASF's coatings business for €7.7 billion
BASF and Carlyle, in partnership with QIA, have entered a binding agreement for the acquisition of BASF's automotive OEM coatings, automotive refinish coatings, and surface treatment businesses at an enterprise value of €7.7 billion. BASF will retain a 40% stake, and closing is expected in Q2 2026.
Productsautomotive OEM coatingsautomotive refinish coatingssurface treatments
“This represents a significant step in unlocking the value of BASF's standalone businesses, as the company swiftly executes its Winning Ways strategy.”basf.com
- 3 sources
- basf.comJoint News Release: BASF and Carlyle reach binding transaction agreement on coatings business to create a leading standalone companyOct 10, 2025
- reuters.comBASF sells majority of coatings business to Carlyle, Qatar Investment Authority | ReutersLudwig Burger, Isla Binnie, Sabrina ValleOct 10, 2025
- laliberte.chChimie. BASF cède la majorité de son activité de peintures et revêtements | La LibertéATS, AWP, AFPOct 10, 2025
Summarized from public sources; check the original articles before acting on it.
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