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BASF completes acquisition of Cognis

Detailed integration plans expected at the end of Q1 2011


BASF successfully completed its acquisition of Cognis Holding GmbH from Cognis Holding Luxembourg S.à r.l. controlled by Permira Funds, GS Capital Partners and SV Life Sciences on December 9, 2010. The equity purchase price was €700 million. Including net financial debt and pension obligations, ...


Innovation Award 2010: Cognis recognizes employees for creative developments


Cognis presented its internal Innovation Award for the tenth year. The award recognizes the creative thinking and outstanding achievements of the four winning teams. All of them were responsible for exceptionally innovative and successful projects that improved the sustainability and performance ...


European Commission approves BASF’s acquisition of Cognis


The European Commission approved the acquisition of Cognis Holding GmbH by BASF SE. The approval is subject to the divestiture of businesses that accounted for sales of significantly less than €100 million, which is less than 3% of Cognis’ total sales. In addition, the Chinese authorities ...


Cognis’ first nine months 2010: excellent performance continues

Sales rose by 18.2 percent to 2,314 million euros


In the first nine months of 2010, global specialty chemicals supplier Cognis continued the dynamic development from the first half, and again recorded excellent results. Sales increased by 18.2 percent to 2,314 million euros, due to higher sales volumes driven by an increased demand and a ...


New application centers: Cognis strengthens its global presence


In order to provide its customers with expert local support and recipes adapted to their specific needs, specialty chemicals supplier Cognis has decided to set up new application centers for food ingredients in different regions. The first application center was opened in June this year in Kuala ...


Cognis: Sale of UV acrylates business to IGM Resins now formally completed


Cognis and IGM Resins B.V. announced that the sale of Cognis’ UV acrylates business has now been formally completed. Following the signing of the Sale and Purchase Agreement in April 2010, and fulfillment of the necessary closing conditions, the sale has now been formally concluded. The UV ...


Cognis’ first half-year 2010: firmly on growth path with record-breaking results


In the second quarter of 2010, Cognis continued its excellent performance from the first quarter, and achieved the best half-year results in the company’s history. Sales rose by 16.3 percent to 1,514 million euros, due to a steady improvement in demand. Sales volumes increased by 12.6 percent, ...


Cognis certified for compliance with 24 Principles of Green Chemistry and Green Engineering


Sustainability A to Z, the institute founded by sustainability experts Paul T. Anastas and Julie B. Zimmerman, has recognized Cognis’ commitment to sustainable development, by certifying the company’s “Green Carrier Management Tool” for compliance with the 24 Principles of Green Chemistry and ...


Cognis owners decide to sell shares to BASF


Cognis Holding Luxembourg S.à r.l., controlled by Permira Funds, GS Capital Partners and SV Life Sciences, signed a sale and purchase agreement to sell 100 percent of the shares in Cognis Holding GmbH to BASF SE on June 22. The enterprise value is 3.1 billion euros. The transaction is subject ...


Cognis publishes Sustainability Report 2009: “Sustainability driven by innovation”


Cognis has published its ninth Sustainability Report. Entitled “Sustainability driven by innovation”, the 2009 report shows how sustainability at Cognis goes hand in hand with innovation along the value chain. It provides full information about the company’s progress in putting the 24 Principles ...


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