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Stahl, headquartered in the Waalwijk, Netherlands, announced May 1 that it has officially acquired Clariant’s Leather Services Business. Stahl is a specialist in high quality chemicals, such as dyes and coatings for leather, as well as performance coatings for all kind of materials.
Stahl has taken over all activities of Clariant’s Leather Services Business, including manufacturing sites in Germany, Italy and India and laboratories in several other locations. Approximately 570 Clariant employees entered into Stahl’s employment. Thanks to the acquisition, Stahl now covers the entire leather processing chain.
With more than 1,800 employees at 11 manufacturing sites and 38 laboratories in 23 countries, Stahl is expected to realise an annual turnover of over €600 million. “Thanks to the acquisition, we have become the leading market player in chemicals for leather products in terms of knowledge, expertise and range of technical solutions”, said Huub van Beijeren, CEO of Stahl.
Sustainability is one of the key topics in the leather industry. To strengthen its leadership position, ‘innovation to secure a sustainable future’ will be Stahl’s priority in the coming period. “Now that we have combined our forces, we are able to accelerate the process of making the entire leather processing chain more sustainable”, added van Beijeren.
Stahl is now the leading company in chemicals for leather products and performance coatings. With its three brands Stahl, PielColor and Picassian, the company delivers solutions for top brands active in the automotive, fashion and furniture industry amongst others. Next to the strengthening of its position as market leader in leather products, the company foresees further market growth in performance coatings.