On Friday, Oct. 10, 2025, BASF Coatings announced that Carlyle has signed an agreement “to acquire our business from BASF,” including all the company’s products, sites and operations.
According to BASF’s Martin Beck, BASF will remain financially invested with a 40 per cent stake, which “reflects their continued confidence in our team, our performance, and the value we create.”
The transaction is expected to close in the second quarter of 2026, subject to regulatory approvals.
Until the deal closes next year, all purchase orders and agreed terms will remain in effect, according to BASF, and each will continue to operate as independent companies.
“Our procurement processes will continue as usual,” adds Beck.