BASF to sell construction chemicals business to Lone Star Funds for €3.1bn
German chemical company BASF has agreed to sell its construction chemicals business to an affiliate of private equity firm Lone Star Funds in an all-cash deal worth €3.17 billion. The construction chemicals business has production sites and sales offices in 60 plus countries and in 2018 had sales revenue of around €2.5 billion. The BASF […]