EU approves Carlyle's $8.9B acquisition of BASF coatings business

The European Commission approved BASF's sale of its coatings business to Carlyle Group for $8.9 billion, subject to conditions including divestiture of Nouryon's polysulfides business. BASF will retain a 40% stake in the business.

“The European Commission has approved BASF's sale of its coatings business to U.S. private equity firm Carlyle, subject to conditions.”paint.org

• 2 sources
• paint.orgEU Approves Carlyle's Acquisition of BASF Coatings Business — American Coatings AssociationJun 5, 2026
• chemicalprocessing.comBASF, Covestro Lead Latest Round of Chemical Industry Deals | Chemical ProcessingJul 3, 2026

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