- The transaction includes a production site in Illertissen, Germany, and three application labs.
- Around 300 employees have transferred to Louis Dreyfus Company.
- Key products include whipping agents, emulsifiers, plant sterol esters, CLA, and omega-3 oils.
- Financial details of the transaction remain undisclosed.
Transaction Overview
BASF has completed the sale of its Food and Health Performance Ingredients Business to Louis Dreyfus Company (LDC). The transaction, approved by relevant authorities, includes a production site in Illertissen, Germany, three application labs outside Germany, and approximately 300 employees who have transferred to LDC.
Business Scope
The business activities involved in the transaction cover food performance ingredients like whipping agents, emulsifiers, and fat powders. It also includes health ingredients such as plant sterol esters, conjugated linoleic acid (CLA), and omega-3 oils for human nutrition, along with several smaller product lines.
Strategic Implications
This move allows BASF to sharpen its portfolio, focusing on vitamins and carotenoids, reinforcing its strategic direction toward vital nutrition ingredients for both human and animal nutrition. Meanwhile, LDC aims to expand its participation in the rapidly growing plant-based ingredients market.
Financial Details
Both parties have agreed not to disclose the financial details of the transaction.
