BASF closes divestiture of its Construction Chemicals business
The Construction Chemicals business now forms the newly founded MBCC Group, headquartered in Mannheim, Germany
02-Oct-2020 -
On September 30, 2020, effective at midnight, BASF closed the divestiture of its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm. The purchase price on a cash and debt-free basis is €3.17 billion. The Construction Chemicals business now forms the newly ...
BASF
Construction Chemicals