Archroma to acquire the Textile Effects business of Huntsman Corporation

Sumary of Archroma to acquire the Textile Effects business of Huntsman Corporation:

  • Archroma said that since its formation in 2013, through a successions of consolidations and acquirings, as well as internal finances in research and development, make and service abilities, the company has been make an across-the-board case of mixtures to suffice the appear needs of the textile industry.
  • As a have company, they increase that they will be able to act to lead the textile industry in sustainability, creation, and performance supply fashion brands, automotive, technical and residence textiles the best-in-class cost performance whilst respecting natural resources and the planet.
  • The statuses of the deal were not disclosed, but Archroma, a case company of US-based private investment firm SK Capital Partners, said that it expects to close the transaction in the first half of 2023, message to customary contexts and approvals.

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