BASF Confirms Preliminary Talks Regarding a Potential Acquisition of Evonik

BASF has confirmed that it is in exploratory talks with the RAG Foundation and Evonik Industries AG regarding a potential acquisition of Evonik. According to the company, it remains to be seen how the discussions will proceed and whether a transaction will take place.

The chemical company views this review as part of its corporate strategy. According to BASF, it continuously evaluates acquisition opportunities that strengthen its core businesses, demonstrate a high strategic fit, and promote profitable growth and value creation. The company takes a disciplined approach in this regard.

Market Information as Needed

BASF did not provide any further details on the exploratory talks at this time. The company stated that it would inform the market promptly, in accordance with regulatory requirements, if and to the extent necessary.

The announcement comes from the Business & Financial News section and contains no further information regarding potential terms, a timeline, or antitrust considerations. BASF also did not provide any further details regarding the potential structure of an acquisition.

BASF’s Portfolio Includes Surface Technologies

In the announcement, BASF refers to its portfolio, which consists of the core businesses Chemicals, Materials, Industrial Solutions, and Nutrition & Care. The standalone businesses are grouped into the Surface Technologies and Agricultural Solutions segments. According to the company, the BASF Group generated global sales of approximately 60 billion euros in 2025.

BASF is active in surface technology, among other areas, through its Surface Technologies segment. However, based on the information published so far, it remains unclear whether—and to what extent—a potential acquisition of Evonik would impact the industry’s business environment.