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Stahl completes acquisition of Clariant’s leather services business (Updated)

12:18 AM MDT | May 1, 2014 | Deepti Ramesh

Clariant says that it completed the previously announced sale of its leather services business to Stahl (Waalwijk, Netherlands) on 30 April. Stahl, which is majority-owned by investment company Wendel Group (Paris), provides chemicals, dyes, and coatings for leather and other applications. The combination of both businesses has created a global leader in leather chemicals with a higher growth profile than the standalone entities and with significant synergy potential, Clariant says. Clariant announced its intention to sell the leather services business to Stahl...

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