BASF to Sell Optical Brighteners Business to Catexel
BASF has reached an agreement to divest its optical brighteners business, a unit within its Care Chemicals division, to Catexel. Optical brighteners are key ingredients used in laundry detergent formulations. The financial terms of the transaction have not been disclosed, and completion is expected in the first quarter of 2026.
The deal covers the global optical brighteners business, including the production site in Monthey, Switzerland, and involves around 80 employees. This divestment supports BASF’s ongoing strategic transformation.
“As part of our ‘Winning Ways’ strategy, we are actively managing our portfolio and sharpening our strategic priorities. Catexel, as a focused and committed new owner, will be well positioned to further develop this business and unlock its full potential,” said Mary Kurian, President of Care Chemicals at BASF.
Catexel is the care chemicals platform of the International Chemical Investors Group (ICIG) and specializes in high-quality specialty chemicals for detergents and cleaning products, personal care, and industrial applications.
Through this acquisition, Catexel aims to expand its product portfolio, offer customers a broader range of premium detergent ingredients, and further strengthen its position as a reliable partner in the market.
Dr. Alexander Snell, President and CEO of Catexel, commented: “This acquisition marks another milestone in Catexel’s growth journey. With the advanced production facility in Switzerland and an experienced team, we are laying a strong foundation for future growth and innovation. It reinforces our role as a trusted partner to our customers and advances our strategic direction.”
Looking for chemical products? Let suppliers reach out to you!
2026-07-20
-
Paint & Coating Industry Overview Mar.2025
This issue provides analysis of the European and German coatings markets, as well as the latest monthly reports and price trends of coatings-related chemical raw materials. Support online permanent download.Published in: Mar.2025
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Multiple Chemical Industry Leaders Post Strong H1 Earnings Growth as Sector Profitability Revives
-
The Crop Protection Patent Cliff Is Here
-
BASF's Intensified Moves from May to June: Plant Closures, Divestitures, and Transformation in Sync
-
EU Clears Carlyle's Acquisition of BASF's Coatings Business, but Demands Divestment of Nouryon's Polysulfide Assets: What Are the Underlying Risks?
-
BASF, Covestro, Huntsman Raise MDI Prices in North America Amid Global Supply Crunch
-
BASF Launches Global Expansion Plan for Aroma Ingredients
-
BASF Launches Global Expansion Plan for Aroma Ingredients
-
BASF’s €8.7 Billion Zhanjiang Verbund Site Fully Operational
-
BASF and Hannong Chemical Joint Venture Nonionic Surfactant Plant Begins Operation in South Korea
-
BASF Battles Market Turmoil as Profits Slide
Recommend Reading
-
Titan Technology Makes Bold Move with 55.85 Million Yuan Acquisition of UK Biochemical Firm ASL — What's Behind the Deal?
-
Sherwin-Williams Completes Acquisition of BASF's Decorative Paints Business in Brazil for $1.15 Billion
-
Yulong Petrochemical’s 100,000-ton MMA Project Comes Online Amid a “Deep V-Shaped Rebound” — Opportunity or Hidden Risk?
-
“Amputation or Strategic Retreat?”: Shell’s Six-Year Chemical Losses and the Quiet Unwinding of an Empire
-
Is Evonik’s Massive Global Expansion of Hydroxyl-Terminated Polybutadiene (HTPB) a Technological Ambition — or a Geopolitical Gamble?
-
HARKE GROUP Acquires Vendico Group, Strengthening Nordic Market leadership
-
Does Ammonia Bleach Clothes? Is It Safe to Use on Laundry?
-
Coke market conditions stabilize in China
-
China's Marine Fuel Market Prices Slightly Increased in February
-
Elkem Launches Innovative Formulations with Low-Cyclic Silicone Ingredients