BASF stock to sell Mining Solutions business to SNF

Published on 11/13/2026 at 10:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BASF stock is in focus after the company agreed to sell its global Mining Solutions business to SNF. The deal is expected to close in 2027.

BASF sharpens its portfolio

BASF agreed to sell its global Mining Solutions business to SNF after a strategic review within Performance Chemicals.
The transaction includes the Cork production site, roughly 140 employees and mining chemical brands including Luprofroth, Lupromin and LIX.
Completion is expected in 2027, subject to merger-control approval and customary closing conditions.

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BASF has agreed to sell its global Mining Solutions business to SNF, a French specialty chemicals company, in a portfolio transaction announced on Thursday, November 12, 2026. The announcement was carried by Yahoo Finance from a GlobeNewswire release.

The divestment follows a strategic review within BASF's Performance Chemicals division. Financial terms were not disclosed. The transaction is subject to approval by the relevant merger-control authorities and other customary closing conditions, with completion expected in 2027.

Mining portfolio moves to SNF

The agreement covers BASF's global Mining Solutions business, including its production site in Cork, Ireland, and approximately 140 employees. The portfolio includes leaching and flotation reagents as well as solvent-extraction products. BASF named Luprofroth, Lupromin, Luproset, LIX and LixTRA among the brands included in the transaction.

Anup Kothari, a member of BASF's Board of Executive Directors, said the company is continuously evaluating its portfolio to sharpen its strategic focus. He described SNF as a suitable owner for developing the portfolio and serving mining customers. SNF said the business would complement its existing product range and strengthen its capabilities in flotation and hydrometallurgy.

The buyer plans to maintain continuity of supply and service for customers after completion. For BASF, the agreement represents another step in reshaping its portfolio, although the release gives no estimate of proceeds or any expected earnings effect. Investors therefore still need further information on the financial contribution and timing of the disposal.

Execution remains the next test

The transaction will not close immediately. Regulatory clearance and the remaining closing conditions must be completed before the business and employees can move to SNF. The expected 2027 completion date leaves the financial impact dependent on the final timetable and closing terms.

BASF stock last traded at 53.93 euros on Lang & Schwarz at 18:48 CET on Monday, November 9. The quote provides a dated trading reference, while the portfolio announcement adds a strategic development for investors following BASF's restructuring and capital allocation.