Global law firm White & Case LLP has advised PQ LLC on the acquisition of BASF’s silicates business, including related assets.
Completion of the transaction is subject to customary closing conditions, in particular the receipt of required regulatory approvals, and is expected to occur in the second half of 2026. The parties have agreed not to disclose the financial terms of the transaction.
The transaction covers BASF’s sodium silicate business and related activities at its Düsseldorf/Holthausen site. PQ intends to continue and further develop the silicates business under its ownership to ensure continuity for customers and partners. Until completion, BASF’s silicates business will continue to operate without change.
Headquartered in Malvern, Pennsylvania, PQ is a leading global provider of silicates, silicas and related derivative products, serving more than 900 customers worldwide through approximately 1,400 employees at 30 production sites in 15 countries.
The White & Case team which advised on the transaction was led by partner Tobias Heinrich and local partner Jochen Hoerth (both Frankfurt) and included partners Erasmus Hoffmann (Berlin), Sebastian Stuetze, Bodo Bender (both Frankfurt) and Thilo Wienke (Dusseldorf), local partners Agmal Bahrami and Alisa Preissler (both Frankfurt), counsel Andreas van den Eikel (Berlin) and associates Tommaso Prati, Jonas Huber, Karim Meziani, Franziska Seeger, Dennis Leich, David Kerzinger (all Frankfurt), Lisa Baer (Dusseldorf), Franziska Weires and Galina Wedel (both Berlin).
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