BASF sells Construction Chemicals unit to Lone Star for $3.5B

BASF SE has agreed to sell its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm, for $3.5 billion. The transaction is expected to close in Q3 2020.

“Germany’s BASF SE projects a third quarter 2020 closing on the $3.5 billion sale of its Construction Chemicals unit to an affiliate of Lone Star.”concreteproducts.com

• 1 source
• concreteproducts.comMANUFACTURERS – JANUARY 2020 – Concrete ProductsConcrete NewsJan 20, 2020

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