Archroma/Huntsman Textile Effects: Acquisitio...
Archroma/Huntsman Textile Effects

Acquisition to be completed soon

(Source: Archroma)
(Source: Archroma)

All regulatory approvals required to complete the acquisition of the Textile Effects business from Huntsman Corp., The Woodlands, TX/USA, have been secured by Archroma. The transaction, which was first announced in August 2022, is expected to close on February 28, 2023.
Archroma Management GmbH, Pratteln/Switzerland, is a global leader in sustainable specialty chemicals and solutions for industries such as textiles, packaging and paper, paints and coatings. Since its formation in 2013, the company acquired and successfully integrated the global textile chemicals businesses of BASF SE, Ludwigshafen/Germany, as well as BASF’s stilbene-based OBA business for paper applications, and M. Dohmen GmbH, Korschenbroich/Germany, a specialist in coloration for automotive textiles.
»After closing, we will be able to bring together our expert teams and highly complementary product portfolios to offer our customers and brand partners the high performance they expect, whilst respecting natural resources and the planet.«
Heike van de Kerkhof, Chief Executive Officer, Archroma Group

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