# BASF India approves merger with subsidiary BASF Performance Polyamides India

BASF India's board approved a scheme of merger to absorb its subsidiary BASF Performance Polyamides India, which operates a manufacturing site in Panoli, Gujarat. The merger aims to expand BASF India's materials segment and enhance backward integration.

- Type: Acquisition
- Announced: 2020-08-27
- Where: Panoli, Gujarat, India
- Status: announced
- Products: performance polyamides, engineering plastics
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [BASF India](https://endata.com/companies/49540.md) (acquirer)
- [BASF Performance Polyamides India](https://endata.com/companies/49541.md) (target)

## Sources

- [devdiscourse.com](https://www.devdiscourse.com/article/business/1186682-basf-india-approves-scheme-of-merger-to-acquire-basf-performance-polyamides), 2020-08-27: "It will help the company in expanding its existing materials segment and extend value chain through backward integration into key raw materials."

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