Revenue: $4.449 billion  τ (2024: $4.7 billion)

Markets Served: Automotive OEM, Automotive refinish, Commercial vehicles, Surface treatments

Surventis, formerly BASF Coatings, launched as an independent company, completing its carve-out from BASF. With approximately €3.9 billion in annual sales and 10,700 employees, Surventis is one of the world’s leading suppliers of automotive coatings and surface treatment solutions. The business is majority-owned by funds managed by global investment firm Carlyle in partnership with Qatar Investment Authority. BASF holds a 40% stake in Surventis.

With a new name and brand identity, Surventis will continue to develop, produce, and market coatings and surface treatment solutions for industrial, automotive, and refinish customers worldwide. Its portfolio spans well-known brands such as Chemetall, Glasurit, and R-M, delivering high-performance and sustainable solutions.

Built on deep expertise and decades of trusted relationships, Surventis serves more than 42,000 customers across over 140 countries from a network of more than 30 production and development sites, anchored by its headquarters in Muenster, Germany, which hosts the world’s largest integrated paint
manufacturing site.

As a standalone company, Surventis will operate with greater speed, agility, and focus. Carlyle will support the business through targeted investments in its global capabilities and local operations, drawing on its track record in carving out and building standalone industrial companies. Surventis will strategically focus on entrepreneurship, performance, and growth – helping customers succeed in today’s demanding and fast-evolving markets.

“Today marks an exciting new chapter for Surventis and for all of our employees around the world,” said Jens Luehring, CEO of Surventis. “I want to thank the entire team whose dedication and hard work have brought us to this milestone. We are building on more than 130 years of coatings expertise and some of the most trusted brands in the industry as we begin our journey as an independent company. Our customers will benefit from a faster, more focused partner, with our full attention on the surfaces they make and sell. Their success is our success. We are already a leader in this industry, and our ambition is clear: to become the leading coatings technology company.”

“As an independent company, Surventis is exceptionally well-positioned to accelerate innovation, deepen customer partnerships, and capture global growth opportunities. We are looking forward to supporting Jens and the Surventis management team in their next chapter,” said Tanaka Maswoswe, partner at Carlyle.

Surventis will continue to operate with the same products, technologies, brands and technical teams that customers rely on today. The portfolio across all three businesses remains unchanged, ensuring continuity in reliability, quality and service.

Milestone for Surventis

Jens Luehring, CEO of Surventis

The launch of Surventis on July 1 marked the beginning of an exciting new chapter for our company and for our customers. As an independent coatings company, we have a unique

opportunity to focus all our expertise on one thing: helping customers succeed in today’s demanding and fast-evolving markets. We are entering this next phase from a position of strength, built on a strong technological footprint, a global network with local execution, a leading market position and trusted customer relationships. At the same time, our independence enables greater speed, agility, and focus.

Our purpose is straightforward: we enable our customers to go further with surfaces that perform, inspire and create lasting value. We provide solutions grounded in deep application know-how, built to solve our customers’ toughest surface challenges. And we bring expertise beyond the product, acting as a partner at every stage.

Several long-term trends are creating significant opportunities for our business. Across industries, customers are investing in sustainability, digitalization, automation and new technologies. Demand is growing for solutions that improve efficiency, reduce complexity and support sustainability objectives without compromising performance. We are committed to helping customers capture these opportunities and create lasting value.

Technologies such as Oxsilan and CathoGuard support advanced surface protection, while Glasurit 100 Line and R-M Agilis help body shops increase productivity and reduce environmental impact. Innovations such as our Biomass Balance-based coating systems and Overspray-Free Application technology show how customer-centric thinking translates into practical value: lower carbon footprints, reduced resource consumption and optimized manufacturing processes.

We are confident in our ability to add tangible value for our customers. We are already a leader in this industry, and our ambition is clear: to become the leading coatings technology company in the world.