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2 clusters · 16 sources · 11 days · First seen · Last updated

Evonik corporate investment and BASF takeover interest

Overview

German chemical company Evonik has undertaken significant operational and strategic developments. In mid-September 2026, the company announced an 80 million euro investment in its Slovenská Ľupča plant in Slovakia to expand biotechnological capacities and contract manufacturing for the pharmaceutical industry, with an expected completion date in early 2028.

Following reports of a potential takeover, Evonik confirmed on September 25, 2026, that BASF has made a non-binding approach to acquire the company through a voluntary public takeover bid for all shares. While interest has been documented, both companies stated that formal negotiations are not currently taking place. The potential deal is significant, with Evonik’s market valuation exceeding 8 billion euros and a total enterprise value estimated at approximately 12 billion euros.

BASF’s interest is reportedly part of a strategic effort to strengthen its core business and compete against Chinese manufacturers amidst a broader crisis in the European chemical industry marked by high energy costs. The RAG-Stiftung, which holds a decisive 43.8 percent stake in Evonik, confirmed it has been contacted regarding the matter. This development occurs as both companies undergo restructuring; Evonik has announced plans to cut more than 3,200 jobs, while BASF has previously implemented significant global workforce reductions.

Entities

Evonik · Evonik Fermas · Ludwigshafen · Miroslav Havlík · Essen

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. 1 day ago

    [BUSINESS] 14 sources
    BASF explores potential takeover of Evonik

    BASF has made a non-binding approach to acquire Evonik through a public takeover bid. While contact has been confirmed, no formal negotiations are currently underway, and the RAG-Stiftung's support remains key.

  2. 11 days ago

    [BUSINESS] 2 sources
    Evonik invests 80 million euros in Slovakian biotechnology plant

    German chemical giant Evonik is investing 80 million euros in its Slovenská Ľupča plant in Slovakia to expand biotechnological capacities for pharmaceutical ingredients.

Sources

correiodamanhacanada.com · derwesten.de · drweb.de · fakti.bg · finanznachrichten.de · hellwegeranzeiger.de · it-boltwise.de · kapitalmarktexperten.de · lokalo.de · newsfeed.zeit.de · nius.de · sharedeals.de · startitup.sk · supertipp-online.de · topky.sk · upday.com

This summary has been updated 1 time: see revision history