Clariant reduces stake in Stahl
1/3/2019 10:32:22 AM
Muttenz, – Clariant, a world leader in specialty chemicals, 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 2 000 employees. In 2014 Clariant sold its Leather Service business to the Stahl group for cash consideration and a 24 % stake in the acquiring group.
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