BASF Strengthens Portfolio with $1.15 Billion Brazilian Coatings Unit Sale
Veröffentlicht: 02.10.2025 um 19:18 Uhr, Redaktion boerse-global.de
BASF has successfully concluded a major divestment, selling its Brazilian coatings operations to U.S. competitor Sherwin-Williams for $1.15 billion. This substantial transaction represents another strategic move by the chemical conglomerate to reshape its business portfolio. While this deal finalizes, BASF management is already evaluating additional strategic options, including the potential sale of its feed enzymes unit.
The Brazilian coatings business sale exemplifies BASF’s ongoing “Winning Ways” initiative, through which the company systematically divests non-core operations to free up capital for strategic growth investments. The transferred assets include:
* Manufacturing facilities located in Demarchi and Jaboatão
* Well-known regional brands Suvinil and Glasu!
* Approximately 1,000 employees who will transition to Sherwin-Williams
Board member Anup Kothari emphasized the strategic importance... Read more...
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