Clariant reduces stake in Stahl group by 25 percent

Clariant reduces stake in Stahl group by 25 percent

9:37 AM, 3rd January 2019
Clariant logo

MUTTENZ, GERMANY: Clariant announced that it reduced its stake in the Netherlands-based Stahl group by 25 % from 19.7% to 14.8%. Clariant will remain invested in the company as a financial investor.

Stahl is a producer of high- quality chemicals, dyes, and coatings for leather and other applications and has about 2000 employees. In 2014 Clariant sold its Leather Service business to the Stahl group for a cash consideration and a 24 % stake in the acquiring group.

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