35 – Nonadjusting events after the reporting period
Effective January 1, 2017, BASF took over the western European Construction Chemicals business from the Henkel Group with the trade names Thomsit® and Ceresit® for floor and tile-laying systems as well as sealants for professional users. This will strengthen BASF’s portfolio in the construction chemicals business of the PCI Group, which belongs to the Construction Chemicals division. The initial accounting for the business combination will take place within a measurement period of one year.
On February 7, 2017, BASF acquired the private company Rolic AG headquartered in Allschwil, Switzerland. The company develops and sells ready-to-use formulations and functional film products for the display and security industry against forgery as well as barrier materials and films. With the acquisition, BASF broadens its technology know-how and product portfolio of display materials. The largest part of the activities will be integrated in the Dispersions Pigments division and a smaller part in the Coatings division.