BASF India to Sell Global Mining Solutions Business to SNF

BASF SE, the ultimate holding company of BASF India Ltd, has entered into an agreement to sell its global mining solutions business to SNF. The transaction encompasses the mining solutions product portfolio, the production site in Cork, Ireland, and approximately 140 employees worldwide. The deal is anticipated to close in 2027, pending regulatory approvals and customary closing conditions. In India, this business, part of the Industrial Solutions segment, generated net sales of approximately ₹27.13 crore for the financial year ended March 31, 2026. This divestment is a strategic move by BASF SE to streamline its global operations.