Picture Credit score: Clariant
Germany-based world producer of pigments Heubach Group and personal funding agency SK Capital Partners have accomplished the acquisition of Clariant’s World Colorants Enterprise (“Clariant Pigments”). The mixed enterprise will function underneath the Heubach model, creating a worldwide pigment expertise and business chief, that can now be headquartered in Vienna, Austria.
With nineteen manufacturing services throughout Europe, the Americas, Asia and Africa, Heubach Group is an internationally energetic producer of corrosion safety pigments in addition to natural and inorganic shade pigments, hybrid pigments and pigment preparations to be used within the plastics, paint, ink, and constructing industries, in addition to for different high-quality particular purposes.
New York Metropolis-based SK Capital’s rising portfolio of firms centered on specialty supplies, chemical compounds and pharmaceutical sectors features a majority curiosity in Techmenr PM, specialty chemical compounds firms. Geon Efficiency Supplies (previously a part of PolyOne, now Addivant), and SI Group, which incorporates Naugard antioxidants (previously Chemtura), Ethanox antioxidants (previously Addivant), and well-known Weston, Ultranox and Lowinox major and secondary antioxidants for polyolefins and different engineering thermoplastics (previously Chemtura, then Addivant).
Stefan Doboczky has been appointed as CEOP of the Heubach Group, efficient January 10, 2022. He joins the Heubach Group having most just lately served as CEO of Lenzing AG, a worldwide chief of cellulosic fibers and biochemicals. Doboczky famous, “I’m very excited to affix the brand new Heubach Group. I’m satisfied that by combining these profitable companies we’ll create a strong providing for our prospects within the pigment and colorant house.”
Mentioned Aaron Davenport, a managing director of SK Capital, “The mix of Heubach and Clariant Pigments creates an business chief dedicated to the very best requirements in manufacturing, high quality and repair. We stay up for supporting administration within the development and enchancment of the corporate by investing into expertise, innovation and market growth.”