02/13/2014

www.gupta-verlag.de/polyurethanes

Clariant to sell Leather Services business to Stahl

The business generated sales of CHF 266 million (~ EUR 218 million) in 2012 and has 550 employees in 24 countries, predominantly in Germany, India, and Italy. In the proposed transaction, Clariant would receive 23 % of the shares of Stahl and a cash payment of CHF 85 million (~ EUR 70 million) in exchange for the sale of its business to Stahl. Subject to the necessary regulatory approvals the transaction could be finalised in 2014. The combination of both businesses would create a global leader in leather chemicals.

www.gupta-verlag.de/polyurethanes