BASF agrees to sell mining solutions business to SNF
- The sale covers BASF’s global mining solutions business, including its Cork, Ireland, production site and approximately 140 employees.
- The portfolio includes leaching, flotation and solvent extraction reagents, with brands such as Luprofroth, Lupromin, Luproset, LIX and LixTRA.
- The transaction is expected to close in 2027, subject to merger-control approvals and customary closing conditions.
- The parties have not disclosed the financial terms.
Transaction scope and timing
BASF has agreed to sell its global mining solutions business to privately held specialty chemicals company SNF. The divestment follows a strategic review within BASF’s Performance Chemicals division. The transaction includes the Cork, Ireland, production site and approximately 140 employees. Financial terms were not disclosed.
The business covers mining chemicals including leaching and flotation reagents, as well as solvent extraction reagents. Its brands include Luprofroth, Lupromin, Luproset, LIX and LixTRA. Closing is expected in 2027, subject to merger-control approvals and customary conditions.
Customer and employee transition
BASF and SNF are working towards a smooth transition after closing, subject to regulatory approvals. SNF intends to maintain continuity of supply and service for customers across global mining markets after completion.
SNF said the acquired portfolio and expertise in flotation and hydrometallurgy complement its existing products and capabilities.
Source: BASF