BASF agreed on 12 November 2026 to sell its mining solutions business, a maker of leaching, flotation and solvent-extraction reagents, to French specialty chemicals group SNF for an undisclosed sum.
Why SNF Group is buying BASF mining solutions business
SNF said the portfolio is highly complementary to its own mining products and brings experienced teams with expertise in flotation and hydrometallurgy. BASF said it continuously evaluates its portfolio to sharpen its strategic focus.
Deal terms and financing
The deal covers the global business, including the Cork production site in Ireland and about 140 employees, and brands including Luprofroth, Lupromin, Luproset, LIX and LixTRA. Financial terms were not disclosed.
Regulatory approvals and timing
Completion is subject to approval by the relevant merger control authorities and is expected in 2027.
Market context
BASF sold its mining flocculants business to Solenis in 2024. SNF, the world's largest maker of water-soluble polymers, has annual revenue of about €5bn.
