BASF has mandated Citi, Deutsche Bank, Goldman Sachs and J.P. Morgan as Global Coordinators to lead the preparation of the planned initial public offering (IPO) of its Agricultural Solutions business.

With this, BASF Agricultural Solutions is taking the next step on its path toward IPO readiness, targeted by mid-2027. As previously announced, BASF plans to list Agricultural Solutions as a Societas Europaea (SE) on the Frankfurt Stock Exchange.

The planned IPO is a core pillar of BASF’s “Winning Ways” strategy, designed to maximize value by establishing the business as an independent, pure-play agricultural leader. As a premier global provider of integrated farming solutions, the company pairs a robust crop protection division with a expanding portfolio of seeds, traits, biologicals, and digital farming tools.

The legal and operational carve-out of the Agricultural Solutions business is progressing as planned. To date, roughly 80 per cent of the global business has successfully transitioned into distinct legal entities powered by a new, industry-specific ERP (Enterprise Resource Planning) system. This separation boosts organizational agility, allows the company to respond more effectively to shifting agricultural market needs, and brings it closer to its global customers. Concurrently, Agricultural Solutions is establishing the necessary corporate governance structures and operational capabilities required to operate as a independent, publicly listed company.

As part of its Capital Markets Day, BASF will also provide a strategic and operational overview of the Agricultural Solutions business. At the event, all four members of the Management Board of BASF Agricultural Solutions will present.

No decision has yet been made regarding the execution or timing of an IPO. Any such decision will depend on a number of factors, for example, prevailing capital market conditions.