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2006 / Acquisitions
BASF expands its portfolio. The aim is to acquire businesses that are even more customer-oriented, and driven by innovation and growth. The acquisition of the Engelhard Corporation, Iselin, New Jersey, which is the leading supplier of materials for catalysis and surface finishing, is the largest takeover in BASF’s corporate history. With the merger of the two companies, BASF becomes one of the world’s leading suppliers of environment and process catalysts, and at the same time expands into growth markets such as specialty pigments.
BASF takes over the worldwide construction chemicals business of German Degussa AG. BASF also finalizes its acquisition of Johnson Polymer B.V., a specialist in resins, thereby supplementing its resins portfolio with water-based technology and strengthening the company’s presence especially in North America.