# 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.

- Type: Acquisition
- Announced: 2026-06-05
- Where: Germany
- Value: $8.90B
- Status: announced
- Products: automotive OEM coatings, refinish coatings, surface-treatment technologies, aerospace sealants
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [BASF](https://endata.com/companies/298.md)
- [BASF](https://endata.com/companies/298.md) (target)
- [Carlyle Group](https://endata.com/companies/458.md) (acquirer)
- [Nouryon](https://endata.com/companies/8020.md) (partner)
- [Surventis](https://endata.com/companies/91064.md) (target)

## Sources

- [paint.org](https://www.paint.org/eu-approves-carlyles-acquisition-of-basf-coatings-business/), 2026-06-05: "The European Commission has approved BASF's sale of its coatings business to U.S. private equity firm Carlyle, subject to conditions."
- [chemicalprocessing.com](https://www.chemicalprocessing.com/industrynews/news/55388527/covestro-basf-lead-latest-round-of-chemical-industry-deals), 2026-07-03: "BASF announced June 30 it completed the sale of its coatings business to Carlyle after receiving all required regulatory approvals."

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