By Kim Richters

BASF SE (BAS.XE) said Monday that it bought the majority stake in UBench Internet NV.

The German chemical company didn't comment on financial details of the deal with the Belgian company, which is active in the automotive sector.

UBench has offices in the Belgian cities Turnhout and Geel and employs 30 people, according to BASF.

Write to Kim Richters at kim.richters@wsj.com

(END) Dow Jones Newswires

September 30, 2019 13:04 ET (17:04 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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