BASF to acquire Chemetall for $3.2 billion

BASF has agreed to acquire global surface treatment company Chemetall for $3.2 billion, subject to regulatory approval, expected to close by end of 2016.

“Chemetall offers a strong strategic fit for our coatings business, and supports BASF’s aim to grow profitably in downstream, innovation and solution-focused businesses.”manufacturingdigital.com

• 2 sources
• manufacturingdigital.comBASF to acquire Chemetall | Manufacturing DigitalNell WalkerMay 16, 2020
• supplychaindigital.comBASF to sell global textile chemicals business to Archroma | Supply Chain DigitalMay 17, 2020

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