Basf Construction Chemicals Sold
Basf construction chemical business sold for 317 billion press release december 23 2019 december 23 2019 dubai. Our comprehensive construction chemicals portfolio includes concrete admixtures waterproofing solutions concrete repair and protection solutions performance grouts and performance flooring solutions.
Basf Finds Private Equity Buyer For Construction Chemicals
Basf to start sale of 3 billion construction chemicals arm.
Basf construction chemicals sold. Find a representative for master builders solutions brand products. Basf master builders solutions masterprotect thoro the master builders solutions brand of construction products includes the masterprotect line of high build acrylic coatings elastomeric waterproof coatings cement based waterproof coatings both for positive and negative side concrete repair patching compounds concrete underlayments plasters and stucco and water repellents water. To locate one of our basf sales representative for master builders solutions brand products throughout the us and canada use the rep finder tools located in the right hand column.
The purchase price on a cash and debt free basis is 317 billion. Master builders solutions is the basf global brand of advanced chemical solutions for construction. With basf chemistry buildings can be more durable and require fewer resources for maintenance.
Basf and an affiliate of lone star a global private equity firm signed a purchase agreement for the acquisition of basfs construction chemicals business. Basf to start sale of 3 billion construction chemicals arm. German chemical company basf is reportedly exploring options to divest its construction chemicals business.
Reuters reported that the decision is part of new initiatives being explored by ceo martin brudermueller to increase the companys share price. Basf construction chemical business sold by recorder report on december 25 2019 basf and an affiliate of lone star a global private equity firm signed a purchase agreement for the acquisition. Use the contact form to submit your question or comment.
The basf se headquarter chemical plant stands on the bank of the river rhine in ludwigshafen germany on may 10. Chemistry also makes buildings more energy efficient thus protecting our environmentp. Frankfurt oct 26 reuters chemicals group basf said it planned to sell its construction chemicals unit or find a merger partner for it as new chief executive martin brudermueller looks for.
We want to hear from you. At basf we create more than just chemicals we create chemistry. For over 50 years we have worked closely with industry stakeholders to enable successful sustainable construction projects.
Lone star funds to acquire basfs construction chemicals business today basf and an affiliate of lone star a global private equity firm signed a purchase agreement for the acquisition of basfs construction chemicals business.
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