Clariant closes Süd-Chemie acquisition
(Thomson Reuters ONE) -
Clariant AG /
Clariant closes Süd-Chemie acquisition
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The issuer is solely responsible for the content of this announcement.
* Clariant holds 96.15% in Süd-Chemie after closing
* Integration process launched
* Accelerating profitable growth
Muttenz - Clariant, a world leader in specialty chemicals, today 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).
"This transaction is an important milestone in Clariant's history. Following the
successful completion of our restructuring in 2010, the acquisition of Süd-
Chemie accelerates our strategy of profitable growth", said Hariolf Kottmann,
CEO of Clariant. "Together we will now start the integration process to
successfully integrate Süd-Chemie into Clariant", Kottmann added.
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.
END
Media Relations
Ulrich Nies Telephone: +41 61 469 61 58
Email: ulrich.nies(at)clariant.com
Stefanie Nehlsen Telephone: +41 61 469 67 42
Email: stefanie.nehlsen(at)clariant.com
Investor Relations
Ulrich Steiner Telephone: +41 61 469 67 45
Email: ulrich.steiner(at)clariant.com
Siegfried Schwirzer Telephone: +41 61 469 67 49
Email: siegfried.schwirzer(at)clariant.com
www.clariant.com
Clariant is an internationally active specialty chemical company based in
Muttenz near Basel. The group owns over 100 companies worldwide and employed
approx. 16.200 workers at the end of 2010. In the financial year 2010, Clariant
produced a turnover in excess of 7.1 billion CHF. Clariant is divided into ten
business units: Additives; Detergents & Intermediates; Emulsions; Industrial &
Consumer Specialties; Leather Services; Masterbatches; Oil & Mining Services;
Paper Specialties; Pigments; Textile Chemicals.
--- End of Message ---
Clariant AG
Rothausstrasse 61 Muttenz 1 Switzerland
ISIN: CH0012142631;
Press Release english:
http://hugin.info/100166/R/1508751/443585.pdf
Press Release deutsch:
http://hugin.info/100166/R/1508751/443586.pdf
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Source: Clariant AG via Thomson Reuters ONE
[HUG#1508751]
Unternehmensinformation / Kurzprofil:
Datum: 26.04.2011 - 07:00 Uhr
Sprache: Deutsch
News-ID 53835
Anzahl Zeichen: 3752
contact information:
Town:
Muttenz 1
Kategorie:
Business News
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