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Major acquisitions by Heubach (Clariant Pigments), DIC (BASF Color & Effects) are latest changes to the evolving world of pigments.
June 24, 2021
By: DAVID SAVASTANO
In the last few weeks, we saw two huge announcements regarding the pigment industry. First, DIC Corporation, parent company of Sun Chemical, expects its acquisition of BASF Colors & Effects to be completed by June 30, 2021. The acquisition was first announced back in 2019; the purchase price was €1.15 billion $1.34 billion). DIC reported that BASF Colors & Effects sales were approximately €1 billion ($1.2 billion) in 2018, with a corresponding EBIDTA of €120 million. At the time of the m...
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