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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.
- [● 8 SOURCES] BASF has made a non-binding approach to Evonik regarding a potential voluntary public takeover bid for all shares. nius.de · supertipp-online.de · www.kapitalmarktexperten.de · www.it-boltwise.de · lokalo.de · +3 more
- [● 8 SOURCES] Evonik confirmed that no concrete discussions are currently taking place. nius.de · supertipp-online.de · www.kapitalmarktexperten.de · www.it-boltwise.de · lokalo.de · +3 more
- [● 5 SOURCES] BASF has been exploring a deal with advisors for several months. nius.de · supertipp-online.de · www.kapitalmarktexperten.de · lokalo.de · www.derwesten.de
- [● 4 SOURCES] The RAG-Stiftung confirmed it had been approached by BASF regarding a potential takeover bid. nius.de · www.kapitalmarktexperten.de · lokalo.de · www.derwesten.de
- [● 4 SOURCES] The RAG-Stiftung holds approximately 44 percent of Evonik shares. nius.de · www.kapitalmarktexperten.de · www.drweb.de · www.derwesten.de
- [● 4 SOURCES] Evonik's market value is more than 8 billion euros. nius.de · supertipp-online.de · www.kapitalmarktexperten.de · www.derwesten.de
- [● 2 SOURCES] Evonik shares rose by more than 9 percent following the news. www.kapitalmarktexperten.de · www.it-boltwise.de
- [○ 1 SOURCE] Evonik plans to cut more than 3,200 jobs. www.hellwegeranzeiger.de
Timeline
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1 day ago
[BUSINESS] 14 sourcesBASF explores potential takeover of EvonikBASF 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.
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11 days ago
[BUSINESS] 2 sourcesEvonik invests 80 million euros in Slovakian biotechnology plantGerman 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