# BASF and Carlyle complete €7.7B coatings transaction

BASF and Carlyle have completed the €7.7 billion transaction for BASF's former automotive, refinish and surface-treatment businesses, which now operate as Surventis.

- Type: Acquisition
- Announced: 2026-03-27
- Where: Germany
- Status: completed
- Products: automotive coatings, refinish coatings, surface-treatment products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BASF](https://endata.com/companies/298.md)
- [Surventis](https://endata.com/companies/91064.md)
- [BASF](https://endata.com/companies/298.md) (acquirer)
- [Carlyle Group](https://endata.com/companies/458.md) (investor)
- [Evonik](https://endata.com/companies/15139.md) (target)

## Sources

- [pcimag.com](https://www.pcimag.com/articles/keyword/4797-mergers-and-acquisitions?page=9), 2026-03-27: "A long-pending transaction has formally closed, moving BASF’s former automotive, refinish and surface-treatment businesses into their next chapter."
- [polymeric.polimerica.it](https://polymeric.polimerica.it/tag.asp?tag=M%26A), 2026-04-14: "The Ludwigshafen-based group is considering a possible offer for all shares in the Essen-based chemicals company, which confirms the approach but says no talks are under way."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.