Carlyle Group IncCarlyle's funds are majority owners of the newly independent Surventis, representing a successful investment and exit from BASF.
Surventis, formerly BASF Coatings, launched today as an independent company after completing its carve-out from BASF. The business is majority-owned by funds managed by global investment firm Carlyle in partnership with Qatar Investment Authority, while BASF retains a 40 percent stake. With around €3.9 billion in annual sales and approximately 10,700 employees, Surventis serves more than 42,000 customers across over 140 countries from a network of more than 30 production and development sites. The company will continue to develop, produce, and market coatings and surface treatment solutions under well-known brands such as Chemetall, Glasurit, and R-M, with a strategic focus on reliability, quality, service, and performance. Surventis is headquartered in Muenster, Germany, which hosts the world's largest integrated paint manufacturing site.
Carlyle Group IncCarlyle's funds are majority owners of the newly independent Surventis, representing a successful investment and exit from BASF.
BASF SEBASF retains a 40% stake in Surventis and has completed the carve-out, likely receiving proceeds and focusing on core operations.
Qatar Investment Authority co-invests with Carlyle in Surventis, gaining ownership in a leading coatings business.