Germany: BASF buys Merck’s electrolyte business

BASF is to acquire the Germany chemicals and pharmaceutical group Merck’s battery electrolytes business. The companies have agreed not to disclose financial details of the transaction. The acquisition comprises battery performance-enhancing technologies and products that Merck has developed, patented and brought to market, including a range of electrolyte formulations marketed under the Subscribe to Automotive World … Continued

• By Webmaster
• February 21, 2012