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BASF annouced purchase of Cognis

June 24/2010

(BASF) -- BASF is buying specialty chemicals company Cognis, which is owned by Permira Funds, GS Capital Partners and SV Life Sciences, in a deal valued at ?3.1bn.


The companies expect the deal, which is subject to regulatory clearance, to go through by November 2010 at the latest.


BASF said it wants to achieve a leading position in personal-care ingredients through the Cognis acquisition, while also strengthening its position in value-added products for home care and establishing a strong position in health and nutrition products.

BASF annouced purchase of Cognis

MRC Reference

BASF. The share in the Russian market in 2008:
 PS - 9.1% (GPPS - 5.9%, ABS - 11.4%, EPS - 10.6%).


Annual sales growth in Russia over the 5 years:
 PS - 15%.


Imports by polymers processing technologies:
 injection molding.


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