Industry News

BASF Divests Optical Brightening Agents Business

Deal with Catexel includes a production site in Switzerland and staff.

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By: Christine Esposito

Editor-in-Chief

BASF is selling its optical brightening agent business to Catexel, a developer, producer and distributor of specialty chemicals for detergents, cleaning agents, personal care and industrial applications. The transaction comprises the international business including the production facilities in Monthey, Switzerland and approximately 80 employees. Financial details of the transaction were not disclosed. Closing is expected in the first quarter of 2026. “This acquisition marks another milest...

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