BASF finalizes acquisition of Chemetall

BASF has completed its  acquisition of Albemarle’s global surface treatment business, Chemetall. With this  acquisition, BASF’s Coatings division expands its portfolio to become a more complete solutions provider.

 

BASF combines its know-how in chemistry and coatings applications with Chemetall’s market-leading expertise in surface treatment. The combined businesses will benefit from each other’s global infrastructure, scale and market access, driving new growth opportunities by offering an unmatched solutions competence to customers.

 

According to Markus Kamieth, President of BASF’s Coatings division, the combination of  expertise and innovation power of two global market leaders will accelerate innovation and make BASF  customers even more successful..

 

Chemetall develops and manufactures customized technology and system solutions for surface treatment. Their products protect metals from corrosion, facilitate forming and machining, allow parts to be optimally prepared for the painting process and ensure proper coating adhesion. These chemicals are used in a wide range of industries and end-markets, such as automotive, aerospace, aluminum finishing, and metal forming. Chemetall’s sales for the full calendar year of 2015 were US$845 million.

 

To prepare for a seamless integration, BASF has established a Global Integration Management Team, which will ensure business continuity while maintaining a clear priority on meeting customer needs.