Cognis

Cognis

Head office in Monheim am Rhein
Company 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 2000, when it became an operationally independent business unit. In November 2001, Cognis was bought by private equity funds Permira, GS Capital Partners and SV Life Sciences.

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.