# DIC Corporation closes acquisition of BASF's global pigments business

DIC Corporation has closed the acquisition of BASF's global pigments business, known as BASF Colors & Effects (BCE), expanding its pigment portfolio globally.

- Type: Acquisition
- Announced: 2021-06-30
- Where: Germany
- Value: $1.36B (1.15B EUR)
- Status: completed
- Products: pigments
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BASF](https://endata.com/companies/298.md) (target)
- [DIC Corporation](https://endata.com/companies/19672.md) (acquirer)
- [Sun Chemical](https://endata.com/companies/22104.md) (acquirer)
- [Sun Chemical](https://endata.com/companies/22104.md) (partner)

## Sources

- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/sun-chemical-and-dic-corporation-finalizes-acquisition-of-basfs-global-pigments-business/), 2021-06-30: "DIC Corporation has closed on the acquisition of BASF’s global pigments business, known as BASF Colors & Effects (BCE)"
- [inkworldmagazine.com](https://www.inkworldmagazine.com/breaking-news/sun-chemical-dic-corporation-finalize-acquisition-of-basfs-global-pigments-business/), 2021-06-30: "DIC Corporation has closed on the acquisition of BASF's global pigments business, known as BASF Colors & Effects (BCE)."
- [doi.org](https://doi.org/10.1016/s0306-3747(21)00120-2), 2021-07-01: "Japanese fine chemicals company DIC Corporation has completed the acquisition of BASF's global pigments business, known as BASF Colors & Effects (BCE)."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2546-acquisitions?page=21), 2021-07-06: "Through subsidiary Sun Chemical, DIC Corp. has acquired BASF's global pigments business, known as BASF Colors & Effects."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=26), 2021-08-02: "Through subsidiary Sun Chemical, DIC Corp. has acquired BASF’s global pigments business, known as BASF Colors & Effects."

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