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BASF to acquire Evonik for public takeover

PRIVATEOct 05, 2026

Acquiring Company

BASF

Acquired Company

Evonik Industries

Ludwigshafen Am RheinNordrhein-WestfalenManufacturingBiotechnologyAgriculture and FarmingChemicalManufacturingBiotechnologyAgriculture and Farmingchemicals

Description

BASF has made a non-binding approach for a voluntary public takeover of Evonik Industries AG, which is currently under consideration by Evonik. The talks are at an early stage, and no signed transaction has been confirmed. This acquisition reflects BASF's interest in enhancing its portfolio within the specialty chemicals sector. Should the takeover proceed, it could significantly reshape the competitive landscape.

Company Information

Company

BASF

Location

Ludwigshafen Am Rhein, Rhineland Palatinate, Germany

About

BASF is the largest chemical producer in the world, known for its diversified portfolio including chemicals, plastics, agricultural products, and performance materials. The company is heavily involved in innovation and sustainability efforts. With operations across multiple sectors, BASF aims to create chemistry for a sustainable future. BASF's extensive research and development capabilities enable it to lead in product innovation and customer solutions.

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Frequently asked

Who acquired Evonik Industries?

Evonik Industries was acquired by BASF, based in Ludwigshafen Am Rhein. The deal was reported on October 5, 2026. BASF is the largest chemical producer in the world, known for its diversified portfolio including chemicals, plastics, agricultural products, and performance materials. BASF is privately held and operates in Manufacturing.

When did BASF acquire Evonik Industries?

BASF's acquisition of Evonik Industries was reported on October 5, 2026. BASF has made a non-binding approach for a voluntary public takeover of Evonik Industries AG, which is currently under consideration by Evonik. The talks are at an early stage, and no signed transaction has been confirmed. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Evonik Industries do?

Evonik Industries is a leading specialty chemicals company with a focus on high-performance materials and innovative products. It operates in various market sectors including automotive, health, and nutrition. It is publicly traded (EVKIF), operating in Manufacturing, and is based in Nordrhein-Westfalen.

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