Textiles and Fibers
The companies featured on PressReleaseFinder are active in several industries.
14 Jun 2021
Clariant completes its divestment program by reaching agreement to divest its Pigments business
Clariant, a focused, sustainable and innovative specialty chemical company, today announced that it has reached definitive agreements for the divestment of its Pigments business to a consortium of Heubach Group (“Heubach”) and SK Capital Partners (“SK Capital”) at an Enterprise Value (EV) of CHF 805 million to CHF 855 million on a cash and debt free basis, depending on an earn-out payment of CHF 50 million contingent on the 2021 financial performance of Clariant’s Pigments business. This represents a multiple of 10.7 to 11.4 times the stand-alone adjusted 12-month EBITDA per April 2021 (LTM).
19 Apr 2021
Bunzl Distribution brings American antiviral technology to Mexico retailers
Bunzl Distribution, a leading supplier of packaging, disposable supplies, and cleaning and safety products, has signed on as the distributor in Mexico for Acteev Protect™ masks, made in the United States by polyamide manufacturer Ascend Performance Materials. A global distributor, Bunzl provides supplies to supermarkets, food processing plants, retailers and convenience stores in Mexico.
Closer to Chinese customers from the start. Clariant’s Additives business continues to step up support for the needs of China’s growth industries, with new top-class facilities to foster R&D and joint application technology developments at One Clariant Campus (OCC). Ahead of Chinaplas 2021, Clariant shares a taster of bio-based additives available to advance resource-efficient innovation in local market segments, highlights from its new sustainable solutions set for their regional debut.
Ascend Performance Materials press package of Acteev with the most recent updates.
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