BASF plans to sell the decorative paints business of Relius Coatings in the near-term

摘要

Phanomen Farbe - 02.12.2011 -Muenster, Germany . BASF Coatings announced today its intention to sell near-term the decorative paints business of Relius Coatings GmbH & Co. KG and of the respective subsidiaries in France and the Netherlands. The business encompasses decorative paints and plaster as well as coatings and glazing for construction applicati-ons. Regionally, it is focused on Germany and selected countries in Europe. In 2010, the business had total sales of about?80 million. The sites in Memmingen, Germany, and Deurne, Netherlands, are part of the divestiture in addition to distribution Offices of Relius for decorative paints. Relius currently employs about 440 people in this business. This includes about 80 employees at the RELIUS site in Oldenburg who work for the decorative paints business there.