Deutschland-Gipfel: „Zwei starke Spieler“: BASF-Chef begründet Übernahmepläne für Evonik
Markus Kamieth äußert sich auf dem Deutschland-Gipfel erstmals indirekt zur Offerte für Evonik. Er sieht in der Kombination mit einem Spezialchemieanbieter eine starke industrielle Logik.
In Berlin, BASF CEO Markus Kamieth discussed the impending wave of mergers and acquisitions in the chemical industry at the Germany-Gipfel conference in Handelsblatt and WirtschaftsWoche headquarters. Speaking on Wednesday, Kamieth stated that as market leaders, BASF intends to capitalize on these opportunities. A few weeks ago, BASF made a €10 billion takeover bid for its Essen-based competitor, Evonik.
However, Evonik's board rejected the offer. While Kamieth did not directly address the specific Evonik offer, he explained the rationale behind BASF's interest in mergers, emphasizing the industrial logic behind combining BASF with another leading player in specialty chemicals. He added that such a merger would make a lot of sense, as it would enable BASF to leverage its strengths in basic chemicals.
Evonik, ranking second in Germany, is focusing on lucrative specialty chemicals. This was the first public statement from the CEO since the move was announced, with BASF previously only confirming exploratory talks with Evonik, whose progress and outcome remain unclear.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.