# BASF completes acquisition of Chemetall from Albemarle

BASF completed its acquisition of Albemarle's global surface treatment business, Chemetall, expanding its Coatings division's portfolio.

- Type: Acquisition
- Announced: 2016-12-14
- Where: Ludwigshafen, Germany, Germany
- Value: $3.20B
- Status: completed
- Products: surface treatment chemicals, coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BASF](https://endata.com/companies/298.md) (acquirer)
- [Albemarle](https://endata.com/companies/10514.md) (partner)
- [Albemarle](https://endata.com/companies/10514.md) (target)
- [Chemetall](https://endata.com/companies/20703.md) (target)

## Sources

- [basf.com](https://www.basf.com/global/en/media/news-releases/2016/12/p-16-375), 2016-12-13: "The acquisition of Chemetall allows us to significantly expand our market."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/basf-completes-ccquisition-of-chemetall/), 2016-12-14: "The acquisition of Chemetall allows us to significantly expand our market."
- [basf.com](https://www.basf.com/jp/en/media/news-releases/global/2016/12/p-16-375), 2016-12-14: "The acquisition of Chemetall allows us to significantly expand our market."
- [baike.baidu.com](https://baike.baidu.com/en/item/Chemetall/3180549), 2016-12-19: "On December 14, 2016, the German BASF Group announced the completion of its acquisition of the Chemetall Group from Albemarle Corporation for a transaction value of $3.2 billion."

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