Cognis
Today, in this article, we are going to talk about Cognis. Cognis is a topic that has sparked the interest and curiosity of many people over the years. Whether for its relevance in today's society, its impact on history, its potential for the future, or simply for its emotional value, Cognis is a topic that deserves to be analyzed and discussed. Throughout this article, we will explore different aspects of Cognis, from its origin and evolution to its influence on various areas of life. We hope this reading is informative and enriching for all those seeking a greater understanding of Cognis.
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 Head office in Monheim am Rhein | |
| Company type | Subsidiary |
|---|---|
| Industry | Chemicals |
| Founded | August 1, 1999 |
| Headquarters | Monheim, Germany |
Key people |
|
| Revenue | € 3.001 billion (2008) |
Number of employees | 5,600 (2009) |
| Parent | BASF |
| Website | web |
Cognis was a worldwide supplier of specialty chemicals and nutritional ingredients, headquartered in Monheim am Rhein, North Rhine-Westphalia, Germany. The company employs about 5,600 people and operates production or service centers in almost 30 countries. Cognis was acquired by BASF in 2010.
Cognis was an integrated part of Henkel, a German consumer products company, until 2000, when it became an operationally independent business unit. In November 2001, Cognis was bought by private equity funds Permira, GS Capital Partners and SV Life Sciences.
BASF reached an agreement with Cognis Holding Luxembourg S.à r.l. — which is controlled by Permira Funds, GS Capital Partners and SV Life Sciences — to acquire the specialty chemicals company Cognis for an equity purchase price of €700 million. Including net financial debt and pension obligations, the enterprise value of the transaction is €3.1 billion. The acquisition is subject to clearance by the competent merger control authorities. Closing of the transaction occurred in December 2010.
References
- ^ www.forbes.com https://www.forbes.com/consent/?toURL=https://www.forbes.com/2010/06/23/basf-to-acquire-cognis-in-38b-deal-marketnewsvideo.html. Retrieved 2023-01-20.
{{cite web}}: Missing or empty|title=(help) - ^ "Annual Report 2001" (PDF). Henkel. Retrieved 8 May 2023.
- ^ "Permira and Goldman Sachs to buy Cognis - Leather International". www.leathermag.com. Retrieved 2023-01-20.
- ^ "BASF completes acquisition of Cognis". www.basf.com. Retrieved 22 August 2022.
