German company Pulcra Chemicals acquires Devan

02 Jul '21

2 min read

Pic: Pulcra Chemical

Pulcra Chemicals, a leading specialty chemicals company based in Germany, has acquired fellow-industry player, Devan. Devan, headquartered in Belgium, is known from its antimicrobial range BI-OME and probiotics solutions, a wide range of recently introduced bio-based textile finishes, and a long standing in thermoregulation and flame retardants.

“We are thrilled to make this announcement with our mutual trust to grow our business as a solution specialist for our customers across a broad range of textile markets. The acquisition of Devan will support our vision of being the leading international benchmark for sustainable chemistry. Both organisations have deep histories of creativity, innovation excellence and a shared commitment to care for our communities. With our combined platform, Pulcra Chemicals will become a stronger partner for our customers, uniquely positioning us to address our customers’ evolving needs. That is why we are also very happy that the owner of Devan has placed its trust in us and Pulcra Chemicals was the chosen partner for this acquisition,” Ümit Yaldiz, chief executive officer of Pulcra Chemicals said in a media statement.

“For us, Pulcra Chemicals is the natural next step in the development of Devan. After a long and successful ownership by Pentahold, we are pleased to integrate into a larger Textile chemistry player like Pulcra Chemicals. This new home will allow the innovative Devan finishes to find a faster way into the global textile market and will help the textile industry to benefit from more sustainable products,” Sven Ghyselinck, CEO of Devan said.

Fibre2Fashion News Desk (GK)

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