Specialty chemicals producer Archroma, Switzerland, has acquired a 49-percent stake in M. Dohmen S.A., Switzerland, a producer of textile dyes and chemicals for automotive, carpet and apparel markets. The companies will continue to operate separately.
“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.”
“Our partnership will allow us to broaden our product portfolio and develop new markets, especially in Asia and Latin America,” said Manfred Dohmen, CEO, M. Dohmen.