BASF and Louis Dreyfus close deal on Food and Health Ingredients business

BASF has finalized the sale of its Food and Health Performance Ingredients business to Louis Dreyfus Company following approval from regulatory authorities. The transaction transfers a production site in Illertissen, Germany, three application laboratories outside Germany, and about 300 employees to Louis Dreyfus Company.

The divested business includes food performance ingredients such as whipping agents, emulsifiers, and fat powders, as well as health ingredients including plant sterol esters, conjugated linoleic acid, and omega-3 oils. Several smaller product lines are also part of the transaction.

According to BASF, the sale supports its strategy to focus on vitamins and carotenoids within its Nutrition and Health division, aimed at strengthening its position in human and animal nutrition markets.

Louis Dreyfus Company stated that the acquisition expands its presence in the plant-based ingredients market and enhances its ability to deliver solutions for food, personal care, and healthcare applications.

Both companies have agreed not to disclose the financial details of the transaction.

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