Engelhard Corporation, one of the largest surface and materials-science companies in the world, has entered into a definitive merger agreement under which BASF will acquire all the outstanding shares of Engelhard for $39 per share in cash.
APV Baker, the specialist supplier of twin-screw systems for powder coatings and other thermoset applications, has been acquired from Invensys by private investors.
Michelman, a leading global manufacturer of performance-enhancing coatings, has acquired Wagers Corporation. The transaction includes Wagers' color-coating products, inks, intellectual property and sales.
Dow Biocides, a business unit of The Dow Chemical Company, and ANGUS Chemical Company, a wholly owned subsidiary of the Dow Chemical Company, are introducing eight regional customer application centers around the world to align their business growth strategies with direct market and customer focus.
For the third time since 2002, BASF has been named a General Motors Supplier of the Year for exceptional performance as a global supplier of automotive OEM coatings.