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BASF completes acquisition of Cognis

Date

Dec 10, 2010

10:00 to 10:00 CET

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Ludwigshafen, Germany
Nicole Krawietz
Senior Event Manager IR
+49 621 60-40308

On December 10, 2010 BASF successfully completed its acquisition of Cognis Holding GmbH from Cognis Holding Luxembourg S.à r.l. controlled by Permira Funds, GS Capital Partners and SV Life Sciences yesterday (December 9, 2010).

The equity purchase price was €700 million. Including net financial debt and pension obligations, the enterprise value of the transaction is €3.1 billion.

The conference was hosted by

  • Dr. Jürgen Hambrecht
    CEO

  • Dr. John Feldmann
    Member of the Board of Executive Directors

  • Magdalena Moll
    Senior Vice President Investor Relations

  • Elisabeth Schick
    Senior Vice President Communications & Government Relations

 

On June 23, 2010 a conference call was held to announce the aquisition:

Last Update 15 December 2010