BASF to acquire water treatment company inge watertechnologies

26 April 2011 10:57  [Source: ICIS news]

LONDON (ICIS)--BASF has signed an agreement to acquire German water treatment company inge watertechnologies, with the transaction expected to be completed within the third quarter of this year, the company said on Tuesday.

BASF and inge watertechnologies did not disclose financial details of the deal.

By entering the water treatment membranes business, BASF said it can develop combinations of membrane and chemical technologies based on its polymer research and water treatment application know-how.

Inge watertechnologies is headquartered in Greifenberg, Germany, and employs around 85 people. BASF acquired Swiss

BASF acquired Swiss speciality chemicals company Ciba in 2009, taking over its water treatment business and becoming a supplier of organic flocculants and coagulants, which are used in the water treatment process.

For more on BASF visit ICIS company intelligence

By: Tanzeel Akhtar
+44 208 652 3214

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