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BASF Coatings becomes Surventis: A strategic shift in the coatings industry
With the spin-off and renaming of BASF Coatings to Surventis, BASF adopts a new corporate structure. The company retains a minority stake of 40 %, ensuring continued influence on value development.
BASF has completed its announced restructuring in the areas of automotive OEM coatings, automotive refinish coatings, and surface technology, transforming BASF Coatings into an independent company called Surventis. The transaction, finalised on 30 June 2026, marks a strategic move by the chemical group towards a more focused corporate strategy. The enterprise value of the deal amounts to EUR 7.7 billion, providing BASF with cash inflows of approximately EUR 5.8 billion before taxes. At the same time, BASF retains a minority stake of 40 % in Surventis.
The divestment of BASF Coatings is part of the company’s strategy to make standalone business units more visible and sharpen its focus on core activities. Markus Kamieth, member of BASF’s Executive Board, emphasised that the minority stake allows BASF to continue participating in the value development of the new company. “This creates the conditions for profitable growth at Surventis while at the same time streamlining the management of our entire group,” Kamieth explained.
A new chapter for Surventis and its employees
With the establishment of Surventis, a new chapter begins for the company’s employees and leadership team. Jens Luehring, the new CEO of Surventis, described the launch as an “exciting new chapter” for the global workforce. According to Anup Kothari, also a member of BASF’s Executive Board, the new ownership structure is designed to provide the foundation for sustainable and profitable growth.
For customers of the former BASF Coatings, little will change initially: supply chains and contractual relationships will remain unchanged during the transition phase. Surventis will continue to offer the well-known products and services, albeit under its own brand and management, while BASF acts as an influential minority shareholder in the background.
Strategic opportunities and outlook
BASF’s minority stake in Surventis reduces risk for the group while offering the opportunity to benefit from positive value development of the new company. Surventis itself is expected to focus on further advancing its technologies and expanding its market position in coatings and surface technology.
Through this restructuring, BASF underscores its strategy of concentrating more on core businesses while allowing standalone units to act independently in the market. Surventis could bring fresh momentum to the coatings industry and establish itself as an independent player.
