Ludwigshafen, Germany – January 14, 2008 – The transformation of BASF Aktiengesellschaft into a European Company (Societas Europaea, SE) was officially completed today with the entry of the name in the commercial register of the Ludwigshafen district court. As of January 14, 2008, the company’s name is BASF SE. The transformation process thus took less than 12 months.
Dr. Jürgen Hambrecht, Chairman of the Board of Executive Directors of BASF SE
“With our decision to convert BASF into a European Company we are making a clear commitment to our main market in Europe and are assuming a pioneering role in the chemical industry.”
Timeline
March 16, 2007
Invitation to Annual Meeting with detailed information about the conversion
April 26, 2007
Resolution of Annual Meeting regarding the conversion
Mid-June, 2007
Beginning of negotiations on employee participation
Mid-December, 2007
Conclusion of negotiations on employee participation
January 14, 2008
Registration of BASF SE in the commercial register