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BASF India’s parent company closes acquisition of Solvay's polyamide business

01 Feb 2020 Evaluate

BASF India’s Parent Company -- BASF SE, Germany has closed the acquisition of Solvay's polyamide business at a purchase price on cash and debt free basis amounting to EUR 1.3 billion. The transaction broadens BASF SE's polyamide capabilities with innovative and well-known products such as Technyl and also enhances its access to growth markets in Asia as well as in North and South America.

The transaction includes eight production sites in Germany, France, China, India, South Korea, Brazil and Mexico as well as research and development centers and technical consultation centers in Asia, North and South America.

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

3703.10 20.65 (0.56%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
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