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BASF completes acquisition of Chemetall BASF has completed the acquisition
of Albemarle's global surface treatment business.
The acquisition will enable BASF's Coatings division to expand its portfolio and provide customers with more comprehensive solutions
.
Markus Kamieth, President of BASF's Coatings division, said: "We are delighted to welcome our new colleagues to the BASF family, and the acquisition of Chemetall will significantly expand the market for
the Coatings division.
BASF and Chemetall are global market leaders, and by combining the expertise and innovation of both companies, we will accelerate innovation and help our customers be more successful
.
" ”