BASF Leather Chemicals business to become part of the Stahl Group - 219.82 KB - PDF
(WorldNews France)

P R E S S R E L E A S E , M a r c h 23 , 2 0 1 7 BASF LEATHER CHEMICALS BUSINESS TO BECOME PART OF THE STAHL GROUP Wendel SE announces today that Stahl has signed an agreement to acquire the leather chemicals assets of BASF SE, one of the world`s largest chemical companies. The transaction will include the leather chemicals production site of L`Hospitalet in Spain in addition to mid-term and long-term supply agreements under which BASF will supply significant volumes of leather chemicals products to Stahl from its current manufacturing facilities that will not be carved-out. This acquisition of BASF`s leather chemicals business, which posted sales of around EUR200 million in 2016, will enable...