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Announced

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Clariant completed the acquisition of North American assets of BASF for $60m.

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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