M&A Deal Summary

BASF Acquires Wintershall Dea

On September 27, 2018, BASF acquired oil/gas exploration company Wintershall Dea

Acquisition Highlights
  • This is BASF’s 1st transaction in the Oil/Gas Exploration sector.
  • This is BASF’s 3rd transaction in Germany.

M&A Deal Summary

Date 2018-09-27
Target Wintershall Dea
Sector Oil/Gas Exploration
Buyer(s) BASF
Deal Type Add-on Acquisition

Target

Wintershall Dea

Kassel, Germany
Wintershall Dea engages in exploration and production of natural gas and crude oil as well as natural gas trading. Wintershall Dea was founded in 1894 and is based in Kassel, Germany.

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Buyer(S) 1

Buyer

BASF

Ludwigshafen, Germany

Category Company
Founded 1865
Sector Chemicals
Employees111,855
Revenue 68.9B EUR (2023)
DESCRIPTION
Entrance to BASF's office in Florham Park, New Jersey.
Entrance to BASF's office in Florham Park, New Jersey.

BASF is a global producer of chemicals. BASF looks to combine economic success with environmental protection and social responsibility. BASF was founded in 1865 and is based in Ludwigshafen, Germany.


DEAL STATS #
Overall 20 of 20
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 15 of 15
Country (Germany) 3 of 3
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-11 BASF Corp - EXTREME

Ludwigshafen, Germany

BASF Corp - EXTREME is a provider of burndown and season-long residual control of more than 50 broadleaf and grass weeds in Roundup Ready soybeans, Clearfield corn and Roundup Ready alfalfa.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-20 BASF SE - Clearfield Canola Production System

Ludwigshafen, Germany

BASF SE - Clearfield Canola Production System delivers efficient, long-lasting weed control, crop quality, and global market acceptance. From seed to harvest, you’ll have the power to get the most out of every acre. Clearfield canola is a globally-recognized non-genetically modified herbicide tolerance (HT) system, consisting of an herbicide tolerance trait and Imidazolinone (IMI) herbicides.

Sell -