BASF SE to sell its global mining solutions business to SNF

On 12 November, 2026, BASF SE, the Ultimate Holding Company of BASF India, has announced globally that it has signed an agreement to sell its global mining solutions business to SNF. The transaction includes the mining solutions product portfolio, the production site in Cork, Ireland and approximately 140 employees worldwide. The closing of the transaction is expected in 2027, subject to receipt of requisite approvals by the relevant merger control authorities and the fulfillment of customary closing conditions under the said global agreement.

In India, the Mining Solutions business forms part of the operating division, Performance Chemicals, which is part of Industrial Solutions segment of BASF India. The mining solutions business generated net sales of approx. Rs 27.13 crore, for the financial year ended 31 March 2026.