Announced
Completed
Financials
Tags
United States
Cross Border
Private
Majority
Chemicals: Diversified
Friendly
Single Bidder
chemicals
Acquisition
Completed
Synopsis
Clariant, a Swiss specialty chemicals maker, completed the acquisition of North American assets of BASF, a German multinational chemical company, for $60m. “This acquisition fits very well with our growth strategy to grow through sustainability-focused innovations and bolt-on acquisitions. This acquisition will further nicely extend the footprint of our Functional Minerals business in North America and will further improve Clariant’s position in renewable fuels purification,” Conrad Keijzer, Clariant CEO.
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