Clariant, a world leader in specialty chemicals, announced that it has completed the purchase of 96,15 % of the shares in Süd-Chemie from One Equity Partners and the family shareholders. Clariant will make a public offer to acquire the outstanding shares from Süd-Chemie minority shareholders. The overall transaction value amounts to approx. EUR 1.9 billion (CHF 2.5 billion).
Süd-Chemie is a specialty chemicals company. With its two divisions of adsorbents and catalysts, the Süd-Chemie Group, which has around 6,400 employees, generates total sales of more than 1.2 billion euros.
By acquiring leading positions in the fields of process catalysts and adsorbent agents, Clariant is expanding its portfolio with two fast-growing business-units. Süd-Chemie also has a strong research and development organization focusing on market segments with significant growth potential.
- Clariant AG, Muttzenz, Switzerland
- Süd-Chemie, Munich, Germany