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Business

BASF Divests Conica Sports Surfaces

by Alexander H. Tullo
January 14, 2013 | A version of this story appeared in Volume 91, Issue 2

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Credit: BASF
A track made with materials from BASF’s Conica unit.
Photo of a track made by Conica.
Credit: BASF
A track made with materials from BASF’s Conica unit.

BASF has agreed to sell its Conica sports surfaces business to the Serafin Group, which makes plastics and consumer goods. Conica produces flooring systems for running tracks, tennis courts, and playgrounds. BASF says the business doesn’t fit with its strategic focus. As part of the deal, Serafin will get a Conica production facility in Schaffhausen, Switzerland, where 60 people are employed in the sports surfaces business.

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