Hogan Lovells advises BASF on combining paper and water chemicals business with Solenis
Led by Munich partner Nikolas Zirngibl international law firm Hogan Lovells advised BASF SE on combining its paper and water chemicals business with US specialty chemical company Solenis.
BASF contributes its paper and water chemicals business from its Performance Chemicals division with locations in Bradford and Grimsby (UK), Suffolk (Virginia, USA), Altamira (Mexico), Ankleshwar (India) and Kwinana (Australia) and approx. 1,300 employees into the new corporation. The combined entity generated in 2017 pro-forma sales of around 2.4 bn Euros.