{"id":49456,"date":"2026-07-06T20:40:07","date_gmt":"2026-07-06T20:40:07","guid":{"rendered":"https:\/\/www.europesays.com\/germany\/49456\/"},"modified":"2026-07-06T20:40:07","modified_gmt":"2026-07-06T20:40:07","slug":"basf-wraps-up-eur-7-7b-coatings-sale-to-carlyle-holds-40-interest","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/germany\/49456\/","title":{"rendered":"BASF Wraps Up EUR 7.7B Coatings Sale to Carlyle, Holds 40% Interest"},"content":{"rendered":"\n

BASF SE\u00a0BASFY recently announced the successful completion of the sale of its coatings business to global investment firm Carlyle, marking a major milestone in the company’s portfolio transformation strategy. The transaction, originally announced in October 2025, closed on June 30, 2026, after receiving all required regulatory approvals.\u00a0 <\/p>\n

The transaction values the coatings business at an enterprise value of \u20ac7.7 billion. Upon closing, BASFY received about \u20ac5.8 billion in pre-tax cash proceeds while\u00a0retaining\u00a0a 40% ownership stake in\u00a0Surventis, the new company created from its former coatings business.\u00a0Surventis\u00a0includes BASFY’s automotive OEM coatings, automotive refinish coatings and surface treatment operations.\u00a0 <\/p>\n

The transaction, together with BASFY’s earlier divestiture of its decorative paints business, completed in October 2025, values the company’s former Coatings division at an enterprise value of \u20ac8.7 billion,\u00a0representing\u00a0an implied 2024 EV\/EBITDA of approximately 13X before special items. The transaction supports its “Winning Ways” strategy, which is focused on unlocking value from standalone businesses while sharpening the company’s strategic focus.\u00a0 <\/p>\n

Per BASF SE, the successful closing\u00a0represents\u00a0a key milestone in the execution of the company’s strategy. It noted that\u00a0retaining\u00a0a 40% ownership interest enables BASFY to continue\u00a0participating\u00a0in the coatings business’ future value creation while allowing the company to focus more closely on its core operations.\u00a0 <\/p>\n

The company\u00a0stated\u00a0that the gain from the divestiture will be recognized under “Income after taxes from discontinued operations,” boosting BASFY\u00a0Group’s net income and earnings per share. The coatings business has been classified as a discontinued operation since Sept. 30, 2025, while BASFY’s retained 40% stake in\u00a0Surventis\u00a0will be accounted for under the equity method starting in July 2026.\u00a0 <\/p>\n

Shares of BASFY have risen 12.8% over the past year compared with the\u00a0industry’s 0.2% growth.\u00a0 <\/p>\n

\"Zacks<\/a> Zacks Investment Research <\/p>\n

Image Source: Zacks Investment Research <\/p>\n

BASFY’s Zacks Rank & Key Picks <\/p>\n

BASFY carries a Zacks Rank #3 (Hold) at present. <\/p>\n

Some better-ranked stocks in the Basic Materials space are\u00a0CSW Industrials, Inc.\u00a0CSW,\u00a0L.B. Foster Company\u00a0FSTR\u00a0and\u00a0Albemarle Corporation\u00a0ALB. CSW, FSTR and ALB carry\u00a0a Zacks\u00a0Rank #1 (Strong Buy) each at present. You can see\u00a0the complete list of today’s Zacks #1 Rank stocks here.\u00a0 <\/p>\n

The Zacks Consensus Estimate for CSW’s current-year earnings is pegged\u00a0at $12.52 per share, implying a 20.6% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 3.8%.\u00a0 <\/p>\n","protected":false},"excerpt":{"rendered":"BASF SE\u00a0BASFY recently announced the successful completion of the sale of its coatings business to global investment firm…\n","protected":false},"author":2,"featured_media":49457,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21106],"tags":[20305,22517,94,22849,21135],"class_list":["post-49456","post","type-post","status-publish","format-standard","has-post-thumbnail","category-basf","tag-basf","tag-basfy","tag-business","tag-consensus-estimate","tag-zacks-investment-research"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/49456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=49456"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/49456\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/49457"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=49456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=49456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=49456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}