Industry News, Mergers and Acquisitions, Suppliers News

Regulatory Approval for BASF’s Intended Acquisition of Solvay’s Polyamide Business Moves Forward

BASF offered commitments to meet concerns of the EU Commission.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

In September 2017, BASF and Solvay agreed that BASF would acquire Solvay’s polyamide business subject to the approval of the relevant merger control authorities. The approval process of the EU Commission is ongoing.  To meet the concerns of the EU Commission, BASF has offered to refrain from acquiring certain parts of Solvay’s European polyamide business including innovation capabilities and manufacturing assets of Solvay’s intermediate and engineering plastics business. The EU Commission is no...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters