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Results: 588

Business & Financial News |

October 10, 2025

Joint News Release: BASF and Carlyle reach binding transaction agreement on coatings business to create a leading standalone company

Ludwigshafen, Germany, and Washington D.C. – October 10, 2025 – BASF and funds managed by global investment firm Carlyle (NASDAQ: CG), in partnership with Qatar Investment Authority (QIA), have entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (“BASF Coatings”).

Business & Financial News |

October 2, 2025

BASF presents progress on “Winning Ways” strategy

One year after the announcement of its “Winning Ways” strategy, BASF today confirmed its 2028 financial targets and provided an update on its standalone and core businesses as part of a Capital Market Update in Antwerp, Belgium. “The last 12 months have shown that we are focusing on the right topics with our new strategy. We are making good progress in terms of execution, and we are confident in achieving our financial targets for 2028,” said Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE, during his keynote. “Our focus on portfolio steering, capital allocation and performance culture will position BASF well for future profitable growth.”

Business & Financial News |

October 1, 2025

BASF completes the sale of its Brazilian decorative paints business to Sherwin-Williams

The sale of BASF’s Brazilian decorative paints business to Sherwin-Williams was completed on October 1, 2025, following the approval of the transaction by the relevant Brazilian competition authority at the end of August 2025. On a cash and debt-free basis, the purchase price amounted to $1.15 billion.

Trade News |

October 1, 2025

BASF evaluates strategic options for feed enzyme business

Ludwigshafen, Germany – BASF is evaluating strategic options for its feed enzymes business, which is part of the company’s Nutrition & Health division. “We are looking for partners for whom feed enzymes represent a strategic focus area to drive innovation and profitable growth,” said Dr. Martin Volland, President of BASF’s Nutrition & Health division. “This attractive business brings together a highly skilled team that combines market and technical expertise with pioneering experience in feed enzymes, globally established brands, and a robust innovation pipeline – all of which positions it for continued success.

Business & Financial News |

September 30, 2025

Joint News Release: BASF and Louis Dreyfus Company Complete Sale and Purchase Transaction for BASF’s Food and Health Performance Ingredients Business

Illertissen, Germany, and Rotterdam, the Netherlands, September 30, 2025 – BASF and Louis Dreyfus Company (LDC) announced today the successful completion of the sale of BASF’s Food and Health Performance Ingredients Business, previously part of BASF’s Nutrition & Health division, to Louis Dreyfus Company (LDC), following approval by the relevant authorities