# 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.

- Type: Acquisition
- Announced: 2020-05-16
- Where: Singapore, Singapore
- Value: $3.20B
- Jobs: 290
- Status: announced
- Products: surface treatment chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BASF](https://endata.com/companies/298.md)
- [BASF](https://endata.com/companies/298.md) (acquirer)
- [SK Capital Partners](https://endata.com/companies/7815.md) (investor)
- [Chemetall](https://endata.com/companies/20703.md) (target)
- [Archroma](https://endata.com/companies/26350.md) (acquirer)

## Sources

- [manufacturingdigital.com](https://manufacturingdigital.com/lean-manufacturing/basf-acquire-chemetall), 2020-05-16: "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."
- [supplychaindigital.com](https://supplychaindigital.com/procurement/basf-sell-global-textile-chemicals-business-archroma), 2020-05-17: "BASF has agreed on the sale of its global textile chemicals business to Archroma, a supplier of specialty chemicals to the textile, paper and emulsions industries."

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