
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”).