MANUFACTURERS – JANUARY 2020

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Germany’s BASF SE projects a third quarter 2020 closing on the $3.5 billion sale of its Construction Chemicals unit to an affiliate of Lone Star, a global private equity firm with offices in Frankfurt and New York. A subject of speculation since a late-2018 BASF announcement of plans to shop the business, the transaction will include Master Builders concrete admixture and sister brands deeply rooted in construction, maintenance and retrofit. With more than 7,000 employees, the BASF Construction Chemicals business operates production sites and sales offices in more than 60 countries and generated sales of about $2.8 billion in 2018.

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MANUFACTURERS – SEPTEMBER 2015

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Daimler Trucks North America has named Kelley Platt as chief diversity officer and Western Star Trucks president, and appointed her to the DTNA Operating Committee. The primary purpose of the former position is to ensure alignment of diversity and inclusion strategies with organizational goals. DTNA reports that employees come from all walks of life, bringing a wealth of skills and experience to their roles; diversity and inclusion have flourished in 2015 through the advocacy and support of Employee Resource Groups, which now include 1,000-plus individuals. The Western Star role has been expanded to include executive oversight of the company’s Portland, Ore., manufacturing plant.

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