SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

BASF India’s parent company to acquire Solvay’s integrated polyamide business globally

20 Sep 2017 Evaluate

BASF India’s parent company ‘BASF SE, Germany’ has signed an agreement to acquire Solvay’s integrated polyamide business globally for a purchase price (on a cash and debt free basis) of 1.6 billion euro. The said transaction is subject to approval by the relevant authorities and is expected to close in the third quarter of 2018.

Solvay has approximately 2400 employees globally and operates 12 production sites, 4 R&D locations and 10 technical support centres. For the full year 2016, the net sales of the business to be purchased from Solvay amounted to 1315 million euro and EBITDA to around 200 million euro.

The acquisition would complement BASF’s engineering plastics portfolio and expand BASF’s position as a solution provider for the transportation, construction, industrial applications and consumer industries.

BASF India is a chemical manufacturing company. It operates in the business segments of agricultural solutions, performance products, plastics businesses and chemicals. The agricultural solutions include insecticides, herbicides, fungicides and specialties.


BASF India Share Price

3611.60 63.40 (1.79%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3611.60
Tata Chemicals 690.25
SRF 2471.15
Pidilite Inds. 1360.30
Deepak Nitrite 1465.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×