DyStar Acquires Remaining Boehme Filate Stake, Merges Auxiliaries Line
Frankfurt-based textile and leather dye, auxiliary and services provider DyStar Textilfarben GmbH & Co. Deutschland KG has acquired the remaining 25 percent of shares of Reidsville, N.C.-based Boehme Filatex Inc. DyStar has held a 75-percent stake in the company since acquiring the Germany-based Boehme Group in August 2006.
In related news, effective October 1, DyStar will merge the Boehme auxiliaries business with its own operation, as planned. Accordingly, the Boehme product ranges will be combined with the DyStar ranges and marketed under current DyStar brands, including Sera® pretreatment and dyeing auxiliaries, Evo® effect finish and technical textiles auxiliaries and Lava® garment-finishing products.
In order to ensure a smooth
transition, Boehme products will be labeled with both the original and the new
brands for a period of time.
“Customers can be sure that they will receive the same high-quality products and advisory services after integration,” said Dr. Peter Roschger, head of DyStar’s textile auxiliaries business. “The aim is to build up our auxiliaries business via our global sales platform and to develop and commercialize textile solutions that benefit our customers.”