Geo Acquires BASF’s Monomer Business | June 13, 2011 Issue - Vol. 89 Issue 24 | Chemical & Engineering News
Volume 89 Issue 24 | p. 19 | Concentrates
Issue Date: June 13, 2011

Geo Acquires BASF’s Monomer Business

Department: Business
Keywords: acquisition, paints and coatings, monomers

Geo Specialty Chemicals, a privately owned firm based in Lafayette, Ind., will buy BASF’s Bisomer monomer business, which includes hydroxy methacrylates, multifunctional methacrylates, and specialty adducts; the products are used in paints and coatings. Geo will also purchase BASF’s conventional contact-lens business. The assets became BASF’s with its 2010 takeover of Cognis. BASF had agreed to divest them to get approval for the merger from the European Commission. Geo will receive a manufacturing facility in Hythe, England, and 140 employees.

 
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