BASF acquired the private company Rolic, a specialist in light management for advanced LCD/OLED displays. The transaction includes Rolic’s affiliates in Allschwil, Switzerland; Eindhoven, The Netherlands; and Shanghai, China. Both companies do not disclose financial details of the transaction; regulatory approvals are not required.

Rolic is a market and technology leader in photoalignment materials with worldwide operations. Panel makers use Rolic’s technology to meet the needs of end consumers looking for products featuring optimum image quality with high contrast and brilliance, as well as very low energy consumption.

• BASF SE, Ludwigshafen, Germany

• Rolic AG, Allschwil, Switzerland