Kiri Holding Singapore Pvt. Ltd., Singapore, owner of DyStar Colours Distribution GmbH and DyStar Colours Deutschland GmbH, Frankfurt, Germany, has acquired all the DyStar companies in the U.S. and Canada. The deal took effect on October 29th, 2010. According to Manish Kiri, Co-Chairman of the DyStar Group, this is to build a sustainable global DyStar organization.
The DyStar Companies in North America are currently owned by Platinum Equity, Charlotte, N.C.,. DyStar North America with its sales organization and Color Solutions International runs also a production site and warehouse in Reidsville, N.C., and a warehouse in Southgate, CA. The company employs 126 people. With textile dyes from DyStar and textile auxiliaries as well as leather chemicals produced in Reidsville, DyStar North America has a revenue of greater than $100 million. It is market leader in many product segments and has grown significantly in 2010.
Photo: (C) DyStar
- Kiri Holding Singapore Pvt. Ltd., Singapore
- DyStar Colours Distribution GmbH and DyStar Colours Deutschland GmbH, Frankfurt, Germany