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BASF signed an agreement with Akzo Nobel for BASF to acquire the shares in BASF Akzo Nobel (BAN).


BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California)
BASF Badische Anilin und Soda Fabrik (German chemical products company)
BASF Builders Association of South Florida
 signed an agreement with Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people.  for BASF to acquire the shares in BASF Akzo Nobel (BAN). BAN has been a 50-50 joint venture between the two companies to market coatings for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide.  in Australia. Financial details of the transaction were not disclosed.
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Title Annotation:Acquisitions, expansions
Publication:Rubber World
Date:Jul 1, 2005
Words:46
Previous Article:BASF AG plans to expand its Pharma Solutions business by acquiring the Swiss fine chemicals company Orgamol S.A.(Acquisitions, expansions)
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