Citation
(2006), "Heraeus acquires BASF's decoration colour business", Pigment & Resin Technology, Vol. 35 No. 2. https://doi.org/10.1108/prt.2006.12935bab.007
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited
Heraeus acquires BASF's decoration colour business
Heraeus acquires BASF's decoration colour business
The precious-metal and technology company W.C. Heraeus has acquired BASF's ceramic decoration colour business. The sale comprises the decoration colour business for glassware, ceramics and porcelain. It does not include any of BASF's facilities or personnel. BASF's Sicocer® F stains for the floor-tile industry are not affected by the sale. The brand name Sicocer® remains with BASF. Heraeus will manufacture the acquired decoration colour series at Heraeus Schauer in Vienna. Financial details were not disclosed. Acquisition of the BASF business has strengthened Heraeus's position as one of the world's leading manufacturers of high-quality decoration colours for ceramics and glassware and allowed its Ceramic Colours Division to continue on its growth course. The BASF decoration colour business nicely complements and completes Heraeus's existing colour range, for example, with lead-free onglaze colours and a resistant onglaze colour series. The globally active precious-metal and technology company Heraeus is the market and technology leader in the fields of precious metals, dental materials, sensors, quartz glass and special light sources. With more than 9,800 employees in over 100 subsidiaries and affiliates worldwide, the company posted sales of e8.3 billion in 2004. BASF is the world's leading chemical company: the chemical company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF's intelligent solutions and high-value products help its customers to be more successful. BASF develops new technologies and uses them to open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. In 2004, BASF had approximately 82,000 employees and posted sales of more than 37 billion. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA), New York (BF) and Zurich (AN). Further information on BASF is available on the web site: www.basf.com