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BASF to sell its third-party consulting business

12:41 PM MST | February 28, 2014 | Michael Ravenscroft

BASF Services Holding, an indirect, wholly owned group company of BASF, says it is to sell its subsidiary BASF Services Consult (Hamburg) to Tech Mahindra (Düsseldorf), a subsidiary of Tech Mahindra (Pune, India). BASF Services Holding is to concentrate on providing information services, supply chain operations, business process management, consulting, and developing and operating information technology systems exclusively for BASF Group. BASF Services Holding will therefore no longer do business with third parties. The third-party consulting...

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