Archroma acquires 26 pc additional stake in Dohmen

Archroma acquires 26 pc additional stake in Dohmen

7:09 AM, 8th September 2017
Archroma logo

REINACH, SWITZERLAND: Archroma has acquired an additional 26 percent shares M Dohmen SA, an international group specializing in the production of textile dyes and chemicals for the automotive, carpet and apparel sectors.

Archroma, who acquired 49 percent shares in Dohmen back in 2014, now owns a controlling 75 percent participation in the Dohmen group.

As a result, Alexander Wessels, CEO of Archroma, was appointed as chairman of the board of Dohmen group, taking over from founder Manfred Dohmen, who will continue to serve as a board member.

Dohmen serves textile markets worldwide from production facilities in Switzerland, Germany and Korea, and maintains sales organizations in US, Korea, Germany, Italy and China. The stronger ties between Archroma and Dohmen will allow both companies to make the most of a product portfolio of which ideally complement each other, especially in the area of dyes and chemicals for synthetic fibres and wool, including for the automotive sector.

“We are extremely satisfied with the performance evolution of Dohmen since 2014. The overall business and profitability is developing well. With this additional stake, we are now in the position to implement further into both organization and processes our shared commitment to customer focus, innovation, world-class quality standards, high service levels, cost-efficiency and sustainability,” said Alexander Wessels.

“We are excited to take an active part to Archroma’s ambitions and vision of a more sustainable textile industry. The stronger ties between Archroma and Dohmen will ultimately benefit the customers, partners and teams of both companies as we can exploit further synergies between our production capabilities, product portfolio and competitive positioning,” added Manfred Dohmen.

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