BASF Completes Acquisition of Degussa's Construction Chemicals Business and Johnson Polymer

摘要

The acquisition of Degussa AG's construction chemicals business by BASF Aktiengesellschaft was completed on July 1st,2006.The purchase price for equity is just under Euro 2.2 billion.As a result,the transaction value for BASF is Euro 2.7 billion.The acquisition of Degussa's global construction chemicals activities includes production sites and sales centers in over 50 countries as well as a research and development center in Trostberg,Germany.