Ludwigs\u00adha\u00adfen, Germany \u2014 BASF and Cate\u00adxel have signed an agree\u00adment on the sale of BASF\u2019s opti\u00adcal brigh\u00adten\u00aders busi\u00adness. Opti\u00adcal brigh\u00adten\u00aders are ingre\u00addi\u00adents in deter\u00adgent formu\u00adla\u00adti\u00adons. The busi\u00adness is curr\u00adently part of BASF\u2019s Care Chemi\u00adcals divi\u00adsion. Finan\u00adcial details of the tran\u00adsac\u00adtion will not be disc\u00adlo\u00adsed. Proven\u00adtis Part\u00adners advi\u00adsed BASF on the sale of the opti\u00adcal brigh\u00adten\u00aders busi\u00adness to Cate\u00adxel. \u2014 The tran\u00adsac\u00adtion is expec\u00adted to close in the first quar\u00adter of 2026. <\/p>\n
The tran\u00adsac\u00adtion compri\u00adses the inter\u00adna\u00adtio\u00adnal busi\u00adness inclu\u00adding the produc\u00adtion of opti\u00adcal brigh\u00adten\u00aders at the Monthey site in Switz\u00ader\u00adland and around 80 employees.<\/p>\n
This dive\u00adst\u00adment contri\u00adbu\u00adtes to BASF\u2019s stra\u00adte\u00adgic trans\u00adfor\u00adma\u00adtion. \u201cAs part of our \u2018Winning Ways\u2019 stra\u00adtegy, we are actively mana\u00adging our port\u00adfo\u00adlio and driving prio\u00adri\u00adtiza\u00adtion. With Cate\u00adxel, a commit\u00adted, focu\u00adsed new owner will further deve\u00adlop the busi\u00adness to realize its poten\u00adtial,\u201d said Mary Kurian, Presi\u00addent Care Chemicals. <\/p>\n
Cate\u00adxel is the Care Chemi\u00adcals plat\u00adform of the Inter\u00adna\u00adtio\u00adnal Chemi\u00adcal Inves\u00adtors Group (ICIG) and specia\u00adli\u00adzes in high-quality specialty chemi\u00adcals for deter\u00adgents and clea\u00adning agents, perso\u00adnal care products and indus\u00adtrial appli\u00adca\u00adti\u00adons. With the acqui\u00adsi\u00adtion of the opti\u00adcal brigh\u00adte\u00adner busi\u00adness and produc\u00adtion, Cate\u00adxel is sending a clear stra\u00adte\u00adgic signal: the company is expan\u00adding its port\u00adfo\u00adlio to offer its custo\u00admers an even broa\u00adder range of high-quality ingre\u00addi\u00adents for deter\u00adgents and to further streng\u00adthen its posi\u00adtion as a relia\u00adble part\u00adner in the market. <\/p>\n
Dr. Alex\u00adan\u00adder Snell, Presi\u00addent and CEO of Cate\u00adxel, explains: \u201cThis acqui\u00adsi\u00adtion is another mile\u00adstone for Cate\u00adxel. With the state-of-the-art produc\u00adtion faci\u00adlity and the expe\u00adri\u00aden\u00adced team in Switz\u00ader\u00adland, we are laying the foun\u00adda\u00adtion for further growth and inno\u00adva\u00adtion. This streng\u00adthens our posi\u00adtion as a relia\u00adble part\u00adner for our custo\u00admers and drives our stra\u00adte\u00adgic direc\u00adtion forward.\u201d<\/p>\n
BASF remains one of the leading suppli\u00aders and inno\u00adva\u00adtors of ingre\u00addi\u00adents for the home care, indus\u00adtrial and insti\u00adtu\u00adtio\u00adnal clea\u00adning markets.<\/p>\n
The role of Proven\u00adtis Partners About Cate\u00adxel<\/strong><\/p>\n Cate\u00adxel is a leading global manu\u00adfac\u00adtu\u00adrer of deter\u00adgent addi\u00adti\u00adves with sites in Germany, the USA and the Nether\u00adlands. With 220 employees world\u00adwide, Cate\u00adxel deve\u00adlops, produ\u00adces and distri\u00adbu\u00adtes specialty chemi\u00adcals for deter\u00adgents and clea\u00adning agents, perso\u00adnal care products and indus\u00adtrial appli\u00adca\u00adti\u00adons. Cate\u00adxel is part of the Inter\u00adna\u00adtio\u00adnal Chemi\u00adcal Inves\u00adtors Group (ICIG). \u2014 www.catexel.com. <\/p>\n About ICIG<\/strong><\/p>\n The Inter\u00adna\u00adtio\u00adnal Chemi\u00adcal Inves\u00adtors Group is a private indus\u00adtrial group with a total turno\u00adver of over 4 billion euros. ICIG focu\u00adses on seve\u00adral main plat\u00adforms: Fine Chemi\u00adcals under the Weyl\u00adChem brand, Care Chemi\u00adcals (Cate\u00adxel), Chlo\u00adro\u00advi\u00adnyl Products (Vynova), Compounds (Benvic), Hydro\u00adcar\u00adbons and Solvents (HCS Group), Super\u00adab\u00adsorb\u00adents (Stock\u00adhausen Super\u00adab\u00adsorb\u00adents), as well as compa\u00adnies specia\u00adli\u00adzing in indus\u00adtrial drying services, fermen\u00adta\u00adtion products, viscose fila\u00adments, acti\u00adva\u00adted carbon and wood protec\u00adtion chemi\u00adcals. Today, the ICIG compa\u00adnies employ more than 7,150 people and operate over 50 produc\u00adtion faci\u00adli\u00adties in Europe, the USA and India. \u2014 www.ic-investors.com <\/p>\n About BASF\u2019s Care Chemi\u00adcals division<\/strong><\/p>\n BASF\u2019s Care Chemi\u00adcals divi\u00adsion offers a wide range of ingre\u00addi\u00adents for perso\u00adnal care, house\u00adhold care, indus\u00adtrial and insti\u00adtu\u00adtio\u00adnal clea\u00adning and tech\u00adni\u00adcal appli\u00adca\u00adti\u00adons. We are a leading global supplier to the cosme\u00adtics indus\u00adtry as well as the deter\u00adgents and clea\u00adners indus\u00adtry and support our custo\u00admers with inno\u00adva\u00adtive and sustainable products, solu\u00adti\u00adons and concepts. The divi\u00adsi\u00adon\u2019s high-perfor\u00admance product port\u00adfo\u00adlio includes surfac\u00adtants, emul\u00adsi\u00adfiers, poly\u00admers, plas\u00adti\u00adci\u00adzers, chela\u00adting agents, cosme\u00adtic active ingre\u00addi\u00adents and UV filters. We have produc\u00adtion and deve\u00adlo\u00adp\u00adment sites in all regi\u00adons and are expan\u00adding our presence in emer\u00adging markets. \u2014 www.care-chemicals.basf.com <\/p>\n About BASF<\/strong><\/p>\n At BASF, we create chemis\u00adtry for a sustainable future. Our goal is to be the prefer\u00adred chemi\u00adcal company that enables the green trans\u00adfor\u00adma\u00adtion for our custo\u00admers. We combine econo\u00admic success with envi\u00adron\u00admen\u00adtal protec\u00adtion and social respon\u00adsi\u00adbi\u00adlity. Around 112,000 BASF Group employees contri\u00adbute to the success of our custo\u00admers in almost all indus\u00adtries and almost every coun\u00adtry in the world. Our port\u00adfo\u00adlio compri\u00adses the core busi\u00adnesses Chemi\u00adcals, Mate\u00adri\u00adals, Indus\u00adtrial Solu\u00adti\u00adons and Nutri\u00adtion & Care; our inde\u00adpen\u00addent busi\u00adnesses are combi\u00adned in the Surface Tech\u00adno\u00adlo\u00adgies and Agri\u00adcul\u00adtu\u00adral Solu\u00adti\u00adons segments. BASF achie\u00adved sales of \u20ac65.3 billion in 2024. BASF shares are traded on the Frank\u00adfurt Stock Exch\u00adange (BAS) and as Ameri\u00adcan Depo\u00adsi\u00adtary Receipts (BASFY) in the United States. \u2014 www.basf.com. <\/p>\n About Proven\u00adtis Partners<\/strong><\/p>\n Proven\u00adtis Part\u00adners is a part\u00adner-mana\u00adged M&A advi\u00adsory firm whose clients prima\u00adrily include medium-sized family busi\u00adnesses, corpo\u00adrate groups and private equity funds. With 30 M&A experts, Proven\u00adtis Part\u00adners is one of the largest inde\u00adpen\u00addent M&A advi\u00adsory firms in the German-spea\u00adking region and has more than 20 years of expe\u00adri\u00adence and over 430 successfully comple\u00adted transactions. <\/p>\n With offices in Frank\u00adfurt, Hamburg and Zurich, the M&A advi\u00adsors are active in the indus\u00adtrial, chemi\u00adcals and mate\u00adri\u00adals, services, tech\u00adno\u00adlogy and media, consu\u00admer goods and retail and health\u00adcare sectors. Through its exclu\u00adsive member\u00adship of the Mergers Alli\u00adance \u2014 an inter\u00adna\u00adtio\u00adnal part\u00adner\u00adship of leading M&A specia\u00adlists \u2014 Proven\u00adtis Part\u00adners is able to support clients in 30 count\u00adries in the worl\u00add\u2019s most important markets. The members of the Mergers Alli\u00adance, with more than 250 M&A profes\u00adsio\u00adnals, provide Proven\u00adtis Part\u00adners and its clients with unique access to local markets in Europe, North America, Latin America, Asia and Africa. \u2014 www.proventis.com <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Ludwigs\u00adha\u00adfen, Germany \u2014 BASF and Cate\u00adxel have signed an agree\u00adment on the sale of BASF\u2019s opti\u00adcal brigh\u00adten\u00aders busi\u00adness. Opti\u00adcal brigh\u00adten\u00aders are ingre\u00addi\u00adents in deter\u00adgent formu\u00adla\u00adti\u00adons. The busi\u00adness is curr\u00adently part of BASF\u2019s Care Chemi\u00adcals divi\u00adsion. Finan\u00adcial details of the tran\u00adsac\u00adtion will not be disc\u00adlo\u00adsed. Proven\u00adtis Part\u00adners advi\u00adsed BASF on the sale of the opti\u00adcal brighteners [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":58835,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-58837","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
\n<\/strong>
\n Proven\u00adtis Part\u00adners acted as exclu\u00adsive M&A advi\u00adsor to BASF throug\u00adhout the entire sales process. The advi\u00adsory services included the iden\u00adti\u00adfi\u00adca\u00adtion of poten\u00adtial buyers, the prepa\u00adra\u00adtion of marke\u00adting mate\u00adri\u00adals, the coor\u00addi\u00adna\u00adtion of due dili\u00adgence, discus\u00adsions and nego\u00adtia\u00adti\u00adons with poten\u00adtial buyers as well as the struc\u00adtu\u00adring of the tran\u00adsac\u00adtion. The tran\u00adsac\u00adtion team of Proven\u00adtis Part\u00adners consis\u00adted of Dr. Jan-Phil\u00adipp (JP) Pfander (Part\u00adner, Zurich), Artur Maibach (Vice Presi\u00addent, Zurich) and Daniel B\u00fcti\u00adko\u00adfer (Analyst, Zurich). <\/p>\n