BASF completes divestiture of Industrial Water Management business

BASF has announced the successful closing of the transaction to divest its subsidiary Industrial Water Management France SAS headquartered in Lyon, France to Degrémont, a subsidiary of Suez Environnement.
 
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BASF’s Water Solutions business remains focused on offering a comprehensive and in its industry unique range of water treatment chemicals and membrane filtration technology for the industrial and municipal waste water treatment sector, “We continue to create chemistry that is tailored to our water industry customers,“ said Matthias Halusa, Vice President of BASF’s Water Solutions business.