Cognis

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Cognis

Head office in Monheim am Rhein
Type	Subsidiary
Industry	Chemicals
Founded	August 1, 1999
Headquarters	Monheim, Germany
Key people	Antonio Trius, CEO Helmut Heymann, CAO Marco Panichi, CFO Paul S Allen, Functional Products Richard Ridinger, Care Chemicals Stéphane Baseden, Nutrition & Health
Revenue	€ 3.001 billion (2008)
Number of employees	5,600 (2009)
Parent	BASF
Website	web.archive.org/web/20060222141431/http://www.cognis.com

Cognis was a worldwide supplier of specialty chemicals and nutritional ingredients, headquartered in Monheim am Rhein, North Rhine-Westphalia, Germany. The company employs about 5,600 people and operates production or service centers in almost 30 countries. Cognis was acquired by BASF in 2010.

Cognis was an integrated part of Henkel, a German consumer products company, until 1999, when it became an operationally independent business unit. In November 2001, Cognis was bought by private equity funds Permira, GS Capital Partners and .

BASF reached an agreement with Cognis Holding Luxembourg S.à r.l. — which is controlled by Permira Funds, GS Capital Partners and SV Life Sciences — to acquire the specialty chemicals company Cognis for an equity purchase price of €700 million. Including net financial debt and pension obligations, the enterprise value of the transaction is €3.1 billion. The acquisition is subject to clearance by the competent merger control authorities. Closing of the transaction occurred in December 2010.

External links[]

• Official website