Deal Feed International Reports: Archroma acquires BASF's textile chemicals business
Archroma, a portfolio company of private investment firm SK Capital Partners and a supplier of specialty chemicals to the textile, paper and emulsions industries, has agreed to buy the Germany-based BASF’s global textile chemicals business. This marks a second major investment by SK Capital Partners in textile chemicals space after its acquisition of Clariant’s three businesses - textile chemicals, paper specialties, and emulsions - for approximately $500 million in December 2012 that lead to establishment of Archoma.
Press Release sourced by the Deal Feed Team from Business Standard. (Opens in new window)
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