04-Dec-2008 - Ciba Inc.

BASF comes closer to acquiring Ciba

BASF representatives elected to Ciba’s Board of Directors

BASF has come a step closer to acquiring Ciba. At the Extraordinary Meeting of Shareholders of Ciba Holding AG in Basel, Switzerland, the voting rights and registration restrictions in the articles of association of Ciba Holding AG were removed with effect as of the settlement date. At the same time, three representatives of BASF – Dr. Hans-Ulrich Engel, Hans-Walther Reiners and Dr. Jörg Buchmüller – were elected to Ciba’s Board of Directors.

The election is also effective as of the settlement date. All current members of Ciba’s Board of Directors will resign as of the settlement date. The motions were approved by significantly more than 90 percent of the share capital represented. As a result, further conditions of BASF’s public tender offer have been fulfilled. The completion of the transaction is still subject to approval by the relevant antitrust authorities, which is expected in the first quarter of 2009.

Facts, background information, dossiers
  • BASF
  • Ciba
  • Switzerland
More about Ciba
  • News

    Intertek Acquires Divisions of Ciba Expert Services from BASF

    Intertek announced the acquisition of Ciba Expert Services' Environmental, Safety, & Testing and Regulatory businesses, including Cantox Health Sciences and Ashuren Health Sciences. The acquisition substantially strengthens Intertek's scope and depth for regulatory consulting to meet custo ... more

    Integration of Ciba: BASF specifies restructuring plans

    BASF has finalized its plans for the integration of Ciba Holding AG, which it acquired in April 2009. Under the plans, former Ciba businesses are to be integrated into the operating divisions in BASF’s Performance Products segment where their potential can best be realized and developed. Th ... more

    BASF presents concept for Basel site

    Effective July 1, 2009, BASF’s Paper Chemicals operating division, which was established in April, will be headquartered in Basel, Switzerland, together with two associated business units: Coatings & Starch Europe and Wet End Chemicals. In addition, the European business unit for plastic ad ... more

  • Companies

    Ciba Spezialitätenchemie Pfersee GmbH

    Our production sites, R&D facilities and sales departments are organized in two subsidiaries. Ciba Holding Deutschland GmbH is serving as the parent organization of these subsidiaries. The holding including the Business Support Group supports the entities with administrative, financial and ... more

    Ciba Especialidades Quimicas Ltda

    Ciba is a leading global company dedicated to producing high-value effects for its customers’ products. We create effects that improve the quality of life – adding performance, protection, color and strength to plastics, paper, automobiles, buildings, home and personal care products and muc ... more

    Ciba Inc.

    * Ciba creates effects to improve the quality of life. * Our specialty chemicals, added in small quantities, improve existing or add new qualities to materials at every stage of their production processes. * As well as products, we offer a wide range of knowledge-based services an ... more

More about BASF
  • News

    BASF to invest in its aroma ingredients business by expanding its global production footprint with new plants in China and Germany

    BASF announced its investment in a new citral plant as part of its Verbund site in Zhanjiang, China, and menthol and linalool downstream plants at its Verbund site in Ludwigshafen, Germany. These plants are expected to come on stream from 2026 onwards. The investment is driven by a growing ... more

    BASF shows resilience in a challenging market environment

    BASF Group has shown resilience in the 2022 business year in a challenging market environment that was dominated by the consequences of the war in Ukraine and in particular by increased raw material and energy prices. As Dr. Martin Brudermüller, Chairman of the Board of Executive Directors, ... more

    Efficient recovery of lithium from end-of-life batteries and battery production scrap

    BASF has entered into a long-term collaboration agreement with Tenova Advanced Technologies (TAT) of Yokneam, Israel, for its battery recycling prototype plant in Schwarzheide, Germany. Both companies agreed to jointly optimize the hydrometallurgical recycling process, leveraging TAT’s nove ... more

  • Videos

    Industrial implementation of the ammonia synthesis - How does it work?

    In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. The Haber-Bosch process for ammonia synthesis, which was first successfully operated at BASF Ludwigshafen in September 1913, was the decisive step into the age of mineral fertilize ... more

  • Companies

    BASF Construction Solutions GmbH

    BASF Construction Polymers GmbH, Trostberg, Germany, is a leading innovator and producer of construction and oilfield polymers. Our product portfolio for construction chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers, defoamers and ai ... more

    BASF Fuel Cell GmbH

    2007 Formation of BASF Fuel Cell as leading supplier of fuel cell components 2006 BASF acquires PEMEAS 2005 E-TEK becomes division of PEMEAS 2004 Celanese and investors form PEMEAS 2003 BASF starts development of HC-membrane 2002 Strong IP position and manufacturing facility for Celt ... more

    BASF Mexicana, S.A. de C.V.

    In order to be able to take advantage of the opportunities for profitable growth throughout the world, BASF is represented with production and sales facilities in all economic regions. Even though Europe is BASF's home market, the dynamic regions of North America, Asia and South America are ... more