"We also appreciate the support of our strategic partner Carlyle, whose investment expertise helps ensure we optimize the risk-adjusted return of the investments that back the promises we are making to our clients and their policyholders.".
David Rubenstein, co-founder of the CarlyleGroup. The Baltimore-born billionaire and longtime philanthropist co-founded the Carlyle Group in 1987, helping build the Washington, D.C.-based private equity firm into a global investment giant.
The coatings transaction between Carlyle and BASF announced on October 10, 2025, was completed on June 30, 2026, following receipt of all required regulatory approvals. The enterprise value of the transaction amounted to €7.7 billion ... About BASF ... Dr.
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