Home / Knowledge / News / Textiles / DyStar Group acquires Emerald Performance Materials
DyStar Group acquires Emerald Performance Materials
03
Nov '16
Courtesy: DyStar
Courtesy: DyStar
The DyStar Group, the US subsidiary of DyStar Global Holdings (Singapore) Pte. Ltd and provider of colorants, auxiliaries, and services, has acquired the three specialty chemical units (Carolina Chemical, Hilton Davis, and Foam Control) of Emerald Performance Materials LLC, leading manufacturer of specialty chemicals for consumer and industrial markets.

DyStar LP will integrate all the three specialty businesses and manufacturing sites into their US business platform.

By combining the businesses, DyStar adds a broad range of products to their portfolio to serve multi-national retail brands and consumer brands. This will provide a more balanced business in strategic segments ensuring the long term growth and profitability of DyStar.

The DyStar team welcomes the strong team of Emerald into the DyStar group to create together the next generation of success. The newly formed team of experts will contribute comprehensive support, know-how, innovation, and quality to Dystar customers.

Lazard served as the exclusive financial advisor to DyStar LP, Allen & Overy and Parker Poe Adams & Bernstein served as the legal advisors to DyStar LP. KeyBank served as the exclusive financial advisor to Emerald, and Weil, Gotshal & Manges LLP served as the legal advisor to Emerald in connection with the acquisition by DyStar LP of these specialty chemical units from Emerald.

Ruan Weixiang, the chairman of DyStar Group said, “The acquisition strengthens DyStar's position as a specialty chemical manufacturer in the US as well as builds a diversified product portfolio to launch on our global platform.” (GK)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 3rd Dec 2020

PRC overtakes US to turn EU's biggest trading partner

China has overtaken the United States in the third quarter of this...

Pic: Shutterstock

Textiles | On 3rd Dec 2020

Vietnam's textile-garment exports likely to reach $34 bn

Vietnam's textile and garment industry is predicted to earn $33.5-$34 ...

Pic: Shutterstock

Textiles | On 3rd Dec 2020

Uzbek firm to supply cotton fabrics to Ukraine

Uzbekistan's Textile-Contact Company recently signed a $12-million...

Interviews View All

Anavila Misra, Anavila Collection

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Top executives, Textile industry

Top executives
Textile industry

RoSCTL is need of the hour

Top executives, Indian retail players

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Paolo Crespi,

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Razvan Popescu, Directa Plus SpA

Razvan Popescu
Directa Plus SpA

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

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

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

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

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

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

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

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


December 2020

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


Advanced Search