BASF SE, based in Ludwigshafen, Germany, completed the divestment of its construction chemicals business to a subsidiary of the US private equity firm Lone Star Funds on 30 September 2020. The timetable outlined when the contract was signed on 21 December 2019 was thus met; at that time, both companies had set their ...
BASF construction chemicals unit renamed MBCC
Sale to Lone Star Funds XI closed at the end of September
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