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Clariant reduces stake in Stahl

Source:Plastics News Asia

Date Published:1/9/2019 09:01:15 AM

Clariant reduces its stake in Stahl by 25% but it will remain invested in Stahl as a financial investor.
Clariant
 
Clariant announced that it reduced its stake in the Netherlands-based Stahl group by 25% from 19.7% to 14.8%. Clariant will remain invested in the company as a financial investor.
 
Stahl is a producer of high-quality chemicals, dyes, and coatings for leather and other applications and has about 2,000 employees. In 2014, Clariant sold its Leather Service business to the Stahl group for a cash consideration and a 24% stake in the acquiring group.

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