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NewsAdhesives and Sealants TopicsAdhesives & Sealants HeadlinesMergers/AcquisitionsRaw Materials and Chemicals

Heubach and SK Capital Partners Close Acquisition of Clariant’s Colorants Business, Appoint CEO

The combined business will operate under the Heubach brand.

acquisitions_mergers_gears
January 6, 2022

The Heubach Group and SK Capital Partners announced the completion of the acquisition of Clariant’s Global Colorants Business. The combined business will operate under the Heubach brand, creating an industry leader in pigment technology.

The newly combined Heubach Group is a global provider of comprehensive color solutions, supplying a broad portfolio of organic, inorganic, and anti-corrosive pigments, pigment preparations, dyes, colorants, and specialty materials. The company operates its global business from 19 manufacturing facilities across Europe, the Americas, Asia, and Africa, employing approximately 3,000 people. The headquarters of the Heubach Group will be established in Vienna, Austria.

Johann Heubach of the Heubach Group said, “The new Heubach is a world-class organization with great talent, technology and assets. For us, product excellence and sustainability are core. We are well-positioned to create significant value for our customers and business partners across the many industries we serve.”

“The combination of Heubach and Clariant Pigments creates an industry leader committed to the highest standards in manufacturing, quality and service. We look forward to supporting management in the growth and improvement of the Company by investing into talent, innovation and market expansion,” said Aaron Davenport, a managing director of SK Capital.

The Heubach Group also announced the appointment of Stefan Doboczky as chief executive officer of the Heubach Group, effective January 10, 2022. Doboczky joins the Heubach Group having most recently served as CEO of Lenzing AG, a global leader of cellulosic fibers and biochemicals. Prior to Lenzing, Doboczky was a member of the managing board of Royal DSM, the Dutch Life Science and Material Science Group, where he spent almost two decades in various general management roles. Doboczky holds a doctorate in natural science from the Technical University of Vienna and an MBA from IMD in Lausanne, Switzerland.

“I am very excited to join the new Heubach Group. I am convinced that by combining these successful businesses we will create a powerful offering for our customers in the pigment and colorant space,” said Doboczky.

Additional information is available at www.heubachcolor.com and https://skcapitalpartners.com.

 

KEYWORDS: acquisitions general business personnel

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