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Carlyle Group Bids €7 Billion for BASF Coatings Division

10/6/2025

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Story summary
  • Carlyle Group leads BASF's coatings bid, valued at €7 billion ($8.2 billion).
  • Other investors, including CVC Capital Partners and Lone Star Funds, showed interest.
  • BASF's coatings division employs 10,300 people and posted €4.3 billion in 2024.
  • BASF aims to divest non-core assets amid a broader European trend.
  • A sale decision is expected in Q4 2025, with a possible minority stake.