DuPont to Buy BASF's Ultrafiltration Membrane Business
September 23 2019 - 7:41AM
Dow Jones News
By Colin Kellaher
DuPont de Nemours Inc. (DD) on Monday said it agreed to buy the
ultrafiltration membrane business of Germany's BASF SE's (BAS.XE)
for an undisclosed amount.
The Wilmington, Del., company said the deal expands its
portfolio of water purification and separation technologies to
include ultrafiltration, reverse osmosis and ion exchange
resins.
DuPont said it expects to complete the acquisition, which
includes BASF's inge GmbH unit, along with the business's workforce
and its headquarters and production site in Greifenberg, Germany,
by the end of the year.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 23, 2019 07:26 ET (11:26 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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