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09-04-2019

Japanese Company Takes over Pigments Business

DIC to Acquire BASF’s Global Pigments Business

BASF SE, Ludwigshafen, Germany, and the fine chemical company DIC, Tokyo, Japan, have reached an agreement on the acquisition of BASF’s global pigments business. The purchase price on a cash and debt-free basis is EUR 1.15 billion. The transaction is expected to close in the fourth quarter of 2020. The divestiture is subject to the approval of the relevant competition authorities.

BASF’s pigments business with around 2600 employees globally generated sales of approximately EUR 1 billion in 2018.

About DIC

DIC is a Japanese company listed at the Tokyo Stock Exchange with about 20,000 employees globally. The company headquartered in Tokyo was founded in 1908, is active in more than 60 countries and generated sales of approximately 800 billion yen in 2018. This corresponds to about EUR 6.8 billion. Under the slogan “Color & Comfort,” DIC is active in three segments: Packaging & Graphics, Functional Products and Color & Display. Color & Display includes a portfolio of pigments.

Additional information
  • 07-23-2019

    Three Board Members Are Confirmed in Office

    BASF’s Supervisory Board Extends Appointment of Board Members

    The Supervisory Board of BASF SE extended the appointments of its Board members Saori Dubourg, Markus Kamieth and Wayne T. Smith.   more

Company profile

BASF SE Engineering Plastics Europe

DE 67056 Ludwigshafen
Tel.: 0621 60-0
Fax: 0621 60-42525

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