Acquiring Company
BASF
Acquired Company
Evonik Industries
Ludwigshafen Am RheinNordrhein-WestfalenAgriculture and FarmingFarmingManufacturingBiotechnologyAgriculture and FarmingchemicalsDescription
BASF SE has made an informal approach to acquire Evonik Industries AG, leading to concerns over potential job losses at Evonik. Labor representatives are fearing up to 4,000 job cuts if BASF's takeover succeeds. Despite BASF's interest, Evonik has rejected the initial offer due to its perceived low value, indicating a commitment to boost its worth independently.
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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Who acquired Evonik Industries?
Evonik Industries was acquired by BASF, based in Ludwigshafen Am Rhein. The deal was reported on October 3, 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 Industries?
BASF's acquisition of Evonik Industries was reported on October 3, 2026. BASF SE has made an informal approach to acquire Evonik Industries AG, leading to concerns over potential job losses at Evonik. Labor representatives are fearing up to 4,000 job cuts if BASF's takeover succeeds. 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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