# BASF signs agreement to sell silicates business to PQ

BASF and PQ signed an agreement for the sale of BASF's silicates business, including assets at the Düsseldorf/Holthausen site, to PQ. The transaction is expected to close in H2 2026, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2026-05-20
- Where: Düsseldorf/Holthausen, Germany
- Value: $6.38B (5.80B EUR)
- Status: announced
- Products: sodium silicates
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BASF](https://endata.com/companies/298.md)
- [Carlyle Group](https://endata.com/companies/458.md) (acquirer)
- [PQ Group Holdings](https://endata.com/companies/44087.md) (acquirer)

## Sources

- [paint.org](https://www.paint.org/basf-signs-agreement-to-sell-silicates-business-to-pq/), 2026-05-20: "BASF's silicates business is an excellent strategic fit for our existing silicate network."
- [ad-hoc-news.de](https://www.ad-hoc-news.de/boerse/news/ueberblick/new-coatings-chief-and-5-8bn-carlyle-payday-frame-basf-s-next-move-as-hormus-fallout-helps/69485194), 2026-06-05: "The European Commission approved the coatings divestiture on 2 June, though with conditions."

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