Home / Knowledge / News / Textiles / Clariant finishes integration of German unit of Süd-Chemie
Clariant finishes integration of German unit of Süd-Chemie
Jul '12
With events at all 18 German sites, Clariant is welcoming Süd-Chemie employees in Germany to the team. Dr. Ulrich Ott, country manager for Germany and head of the Europe region, greeted the new Clariant employees via video message: “Today’s event is intended to symbolize the start of our journey towards a joint future in which the staff of Süd-Chemie form a strong team with their colleagues at Clariant and develop a common corporate culture,” said Ott.

Germany is the first country in which the integration of Süd-Chemie AG has been legally completed. Since July 1, 2012, employees in the service functions have belonged to Clariant SE, the European company that handles Clariant’s service functions for all EU countries and Switzerland.

From now on production, research and distribution staff are employed by Clariant Produkte (Deutschland) GmbH. Due to differences in regional conditions, the integration of all Süd-Chemie companies worldwide will be completed on a step-by-step basis by the end of 2013.

Clariant announced its intention to acquire Süd-Chemie in February 2011. The knowledge and experience within the two companies will enable Clariant to further expand its leading position in specialty chemicals. The new business units Catalysis & Energy and Functional Materials will open up strong growth prospects in leading future technologies.

As part of the acquisition, in February 2011 Clariant reached agreements with the majority shareholder One Equity Partners (50.4%) and the family shareholders (around 46%) to acquire a total of 96.15% of the outstanding shares.

The total value of the transaction was EUR 2.0 billion (CHF 2.5 billion). In November 2011 a General Meeting held by Süd-Chemie AG, Munich, approved the transfer of all shares held by minority shareholders to the majority shareholder Clariant AG, Muttenz/Switzerland in exchange for reasonable cash compensation (known as a squeeze-out) amounting to EUR 125.26 per Süd-Chemie share. The squeeze-out became effective in November 2011.


Must ReadView All

Textiles | On 20th Oct 2016

Indian polyester market demand grows 14% in Q2 FY17: RIL

The Indian polyester market witnessed a demand growth of 14 per cent...

Fashion | On 20th Oct 2016

Replay to explore new markets in 2017

Replay, the iconic Germany based denim brand, is planning to get into ...

Textiles | On 20th Oct 2016

Pakistan proposes Rs200 bn for textile sector revival

A bailout package of Rs 200 billion has been proposed by the Pakistan ...

Interviews View All

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search