Archroma Acquires Stake In M. Dohmen
Switzerland-based specialty chemicals producer Archroma has acquired a 49-percent stake in Switzerland-based M. Dohmen S.A., a producer and marketer of textile dyes and chemicals for the automotive, carpet and apparel sectors. M. Dohmen has sales offices in the United States and Italy, and operates production facilities in Switzerland, Germany and Korea.
Both companies will continue to operate as separate entities, and customer service contacts will remain the same.
“M. Dohmen is a perfect partner for us,” said Thomas Winkler, president, Textile Specialties, Archroma. “They bring complementary strengths, particularly in the areas of dyes for synthetic fibers and wool, and they are clearly a leading partner for the global automotive industry.”
“Archroma has been able to preserve its service-oriented approach to the textile industry while growing into a global leader,” said Manfred Dohmen, CEO, M. Dohmen. “Our partnership will allow us to broaden our product portfolio and develop new markets, especially in Asia and Latin America.”
May 27, 2014