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Investegate |Clariant AG Announcements | Clariant AG: Clariant completes its divestment program by reaching agreement to divest its Pigments business


Clariant will be reinvesting for a
20% ownership stake in the combined business
Closing anticipated in the first half of 2022
Muttenz, June 14, 2021 – Clariant, a focused, sustainable and innovative specialty chemical company, today announced that it has reached definitive agreements for the divestment of its Pigments business to a consortium of Heubach Group (“Heubach”) and SK Capital Partners (“SK Capital”) at an Enterprise Value (EV) of CHF 805 million to CHF 855 million on a cash and debt free basis, depending on an earn-out payment of CHF 50 million contingent on the 2021 financial performance of Clariant’s Pigments business. This represents a multiple of 10.7 to 11.4 times the stand-alone adjusted 12-month EBITDA per April 2021 (LTM). ....

Johann Heubach , Maria Ivek , Andreas Schwarzw , Aaron Davenport , Jochen Dubiel , Alexander Kamb , Claudia Kamensky , Thijs Bouwens , Conrad Keijzer , Heubach Group , Enterprise Value , Heubach Pigments , Business Areas , Care Chemicals , Chief Executive Officer , Clariant Pigments , Managing Director , Healthcare Packaging , Investegate Announcements , Investegate Company Announcements , Clariant Ag , Lobenewswire And Globenewswire , ஆரோன் டேவன்ஸ்போர்ட் , அலெக்சாண்டர் காம்ப் , நிறுவன மதிப்பு , வணிக பகுதிகள் ,

Clariant agrees to sell pigments business in $950 million deal - Netscape Money & Business

Clariant agrees to sell pigments business in $950 million deal - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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