# 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.

- Type: Acquisition
- Announced: 2020-01-20
- Where: Germany
- Value: $3.50B
- Status: announced
- Products: construction chemicals, concrete admixtures
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [BASF](https://endata.com/companies/298.md)
- [Lone Star](https://endata.com/companies/38686.md) (acquirer)

## Sources

- [concreteproducts.com](https://concreteproducts.com/index.php/2020/01/20/manufacturers-january-2020/), 2020-01-20: "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."

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