;
Home / Knowledge / News / Textiles / Archroma takes remaining minority shares in M Dohmen
Archroma takes remaining minority shares in M Dohmen
15
Jul '18
Courtesy: M Dohmen
Courtesy: M Dohmen
Archroma, leader in colour and specialty chemicals towards sustainable solutions, has taken over all remaining minority shares in M Dohmen, an international group specialising in production of textile dyes and chemicals for automotive, carpet and apparel sectors. Archroma first acquired an interest in the capital of M Dohmen with a 49 per cent share in 2014.

Since its corporate carve-out from Clariant in 2013, Archroma is set on becoming a clear industry leader in supplying innovative chemistry solutions, with the goal to make the industries it serves more sustainable. Archroma made a first move in this direction when it acquired the textile chemicals business of BASF in 2015.

Archroma first acquired an interest in the capital of M Dohmen with a 49 per cent share in 2014 followed by an additional 26 per cent share in 2017. Now, it has completed the acquisition of the remaining 25 per cent share of M Dohmen.

Archroma is already serving customers of both companies with the combined product portfolio on all markets where both companies have a presence. Archroma and M Dohmen product portfolios ideally complement each other, especially in the area of dyes and chemicals for synthetic fibres and wool, including for the automotive sector.

Archroma will now be able to proceed with the full integration of the M Dohmen organisation into Archroma, which will allow its experts worldwide to better focus on serving its customers’ needs and requirements.

“With this final step in the acquisition of M Dohmen”, comments Marcos Furrer, president Brand and Performance Textile Specialties and Innovation at Archroma, “customers of both companies will now have access to even more products and solutions that work in their processes and markets, supported by Archroma’s leadership towards quality, innovation and sustainability.”

“I am proud to hand over a company that we have built from the ground up to what it is today, a recognised specialist in automotive and technical textile dyestuff”, said Manfred Dohmen, founder of the M Dohmen group. “In the past 4 years, we have worked hand in hand with Archroma to pass on a solid business and a solid team who is ready and excited to further support the creativity and performance required by our customers.” (SV)

Fibre2Fashion News Desk – India


Must ReadView All

British PM's Brexit divorce deal defeated in parliament

Textiles | On 16th Jan 2019

British PM's Brexit divorce deal defeated in parliament

British Prime Minister Theresa May's Brexit divorce deal was defeated ...

Garment industry in Laos continues to face challenges

Apparel/Garments | On 16th Jan 2019

Garment industry in Laos continues to face challenges

Apparel firms in Laos are facing several problems ranging from...

India's economy to grow fastest in 3 yrs: govt data

Textiles | On 16th Jan 2019

India's economy to grow fastest in 3 yrs: govt data

India’s economy is projected to grow at its fastest pace in three...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Marazban F Velati, Sutlej Textiles & Industries limited

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Luciano Sardini,

Luciano Sardini

A consolidated reality in Italy and internationally, IMA Spa is well-known ...

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Marcus Hardelauf,

Marcus Hardelauf

Germany-based Textechno is one of the leading manufacturers of testing...

Razvan Popescu, Directa Plus SpA

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


January 2019

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

news category


Related Categories:

Advanced Search