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BASF bids to acquire Evonik amid takeover intrigue

PRIVATEOct 11, 2026

Acquiring Company

BASF

Acquired Company

Evonik

Ludwigshafen Am RheinGlobalAgriculture and FarmingFarming

Description

BASF is exploring a takeover of Evonik, having already faced rejected offers. Evonik's largest shareholder, RAG-Stiftung, has yet to take a definitive stance, impacting future negotiations. The foundation's position is crucial, as it may lead to a potential change in Evonik's ownership. Analysts speculate whether BASF will return with a better offer following Evonik's third-quarter results due soon.

Company Information

Company

BASF

Location

Ludwigshafen Am Rhein, Rhineland Palatinate, Germany

About

Find detailed information about our products and solutions as well as direct product contacts for North America. BASF’s designers found in the company’s Color Report for Automotive OEM Coatings, the automotive color rainbow is expanding to allow colors like yellow, orange, green, and violet to take market share. In North America, more chromatic colors like violet show up.

Fundz sees it the moment BASF makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Predictive Intelligence
Strategic

ML-powered predictions for BASF's next move

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Frequently asked

Who acquired Evonik?

Evonik was acquired by BASF, based in Ludwigshafen Am Rhein. The deal was reported on October 11, 2026. Find detailed information about our products and solutions as well as direct product contacts for North America. BASF is privately held and operates in Agriculture and Farming.

When did BASF acquire Evonik?

BASF's acquisition of Evonik was reported on October 11, 2026. BASF is exploring a takeover of Evonik, having already faced rejected offers. Evonik's largest shareholder, RAG-Stiftung, has yet to take a definitive stance, impacting future negotiations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Evonik do?

Evonik is one of the world leaders in specialty chemicals, active in more than 100 countries around the world and generated sales of €15.3 billion in 2023. It is privately held, and is based in Global.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.