![Aerial view of BASF-site Illertissen (Germany)
Photo: BASF SE
Aerial view of BASF-site Illertissen (Germany)
Photo: BASF SE](/api/imaging/focalarea/16x9/210x/dam/jcr%3A51ad940a-4fad-491b-bd01-f6914864bae9/P335_Press-photo_Illertissen.jpg)
BASF to sell Food and Health Performance Ingredients business to Louis Dreyfus Company
BASF has signed a binding agreement to sell its Food and Health Performance Ingredients business, including the production site in Illertissen, Germany, to Louis Dreyfus Company (LDC), a leading global merchant and processor of agricultural goods including high-quality, plant-based ingredients. BASF’s Food and Health Performance Ingredients portfolio plays a vital role in addressing growing trends in human nutrition. However, the business has limited synergies and integration into BASF and is no longer a strategic focus area.