Home / Knowledge / News / Textiles / Kiri Dyes SPV completes US based DyStar acquisition
Kiri Dyes SPV completes US based DyStar acquisition
Nov '10
Kiri Dyes and Chemicals Ltd announced that the Company has successfully completed its acquisition of US based DyStar Companies through its SPV, Kiri Holding Singapore Private Limited, w, e. f. October 29, 2010 in the US.

The acquired companies employ 126 people. These companies manufacture and sell dyes and auxiliaries as well as other chemicals in North America, Central America, and Canada, and have revenue more than 100 million US Dollars.

DyStar CEO Steve Barron: “I am more than happy that DyStar L.P. will join the new DyStar Group. This allows us to further develop the successful DyStar business in the USA, Canada and Central America and grow our relationship with US retailers.”

The DyStar Companies in North America are currently owned by Platinum Equity, USA. Headquartered in Charlotte, North Carolina, DyStar North America with its sales organization and Color Solutions International runs also a production site and warehouse in Reidsville, North Carolina, and a warehouse in Southgate, California.

With textile dyes from DyStar and textile auxiliaries as well as leather chemicals produced in Reidsville, DyStar North America has a revenue of greater than 100 million US dollars. It is market leader in many product segments and has grown significantly in 2010.

For the DyStar shareholder, the acquisition makes perfect sense. Manish Kiri, Co-Chairman of the DyStar Group: “It is our intention to build a sustainable global DyStar organization. For that, we need a powerful sales organization in North and Central America and maintain the retailer connection.” Weixiang Ruan, Co-Chairman and Co-Owner of DyStar: “I appreciate DyStar management team's good effort to conclude the acquisition. This will certainly help DyStar to provide its services across the entire globe. As the global market leader in the industry, I am confident we can generate more value to our customers worldwide with continuous improved quality and solutions.”

Kiri Dyes and Chemicals Limited, was incorporated on 14th May 1998 as a Kiri Dyes and Chemicals Private Limited at Ahmedabad, Gujarat KDCL has been promoted by Mr Pravin A. Kiri and Mr. Manish P. Kiri. KDCL is engaged in the business of manufacturing of reactive dyes which are called synthetic organic dyes used for cotton fabrics like garments, dress materials, bed-sheets, carpets etc. The dyes are of basically colours like black, blue, red, orange, yellow and numerous variants of these basic colours identified by color index number internationally.

Kiri Dyes and Chemicals Ltd

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Wendell Rodricks
Wendell Rodricks

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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