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Clariant Closes Sale of Textile Chemicals, Paper Specialties and Emulsions Businesses

SK Capital acquires three businesses, which now operate under the name of Archroma

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Clariant announced the closing of the sale of its Textile Chemicals, Paper Specialties and Emulsions businesses to SK Capital. Starting Oct. 1, 2013, the three former Clariant businesses are operating under the name Archroma. After some adjustments for working capital and for the lower operational performance of some parts of the businesses, the total purchase price consideration of the transaction will amount to approximately CHF 425 million, mainly consisting of a cash inflow of CHF 355 millio...

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