Divestiture • Apparel/Textiles

Archroma Acquires Huntsman - Textile Effects Division

On August 9, 2022, Archroma acquired apparel/textiles company Huntsman - Textile Effects Division from Huntsman

Acquisition Context
  • This is Archroma’s 1st transaction in the Apparel/Textiles sector.
  • This is Archroma’s 1st transaction in the United States.
  • This is Archroma’s 1st transaction in Texas.

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M&A Deal Summary

Date August 9, 2022
Target Huntsman - Textile Effects Division
Sector Apparel/Textiles
Buyer(s) Archroma
Sellers(s) Huntsman
Deal Type Divestiture

Target Company

Huntsman - Textile Effects Division

The Woodlands, Texas, United States
Huntsman Corp's Textile Effects Division provides innovations in textile dyes, chemicals, and digital inks to iconic brands and retailers around the world.
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Buyer Overview 1

Buyer

Archroma

Pratteln, Switzerland

Category Company
Founded 2013
Sector Chemicals
Employees3,000
DESCRIPTION

Archroma is a provider of dyes, pigments, emulsions, and surface-active chemicals used in the textile, paper, coatings, construction and adhesive industries. Archroma was founded in 2013 and is based in Pratteln, Switzerland.


Deal Context for Buyer #
Overall 2 of 2
Sector: Apparel/Textiles 1 of 1
Type: Divestiture 2 of 2
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-02 BASF SE - Textile Chemical

Germany

BASF SE - Textile Chemical

Buy $10M

Seller Profile 1

SELLER

Huntsman

The Woodlands, Texas, United States

Category Company
Founded 1970
Sector Chemicals
Employees6,300
Revenue 6.0B USD (2024)
DESCRIPTION
Entrance to Huntsman's corporate headquarters in The Woodlands, Texas.
Entrance to Huntsman's corporate headquarters in The Woodlands, Texas.

Huntsman is a manufacturer of differentiated organic chemical products and inorganic chemical products. The Company's products comprise a broad range of chemicals and formulations which are marketed globally to a diversified group of consumer and industrial customers. Huntsman's products are used in a wide range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging, paints and coatings, power generation, refining, synthetic fiber, textile chemicals and dye industries. Huntsman was founded in 1970 and is based in The Woodlands, Texas.


Deal Context for Seller #
Overall 6 of 6
Sector: Apparel/Textiles 1 of 1
Type: Divestiture 4 of 4
State: Texas 2 of 2
Country: United States 2 of 2
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-07 Gabriel Performance Products

Ashtabula, Ohio, United States

Gabriel Performance Products LLC is a provider of specialty chemicals. Gabriel develops and manufactures a proprietary line of complex chemicals and provides contract manufacturing services to other chemical producers. Gabriel Performance Products was founded in 2001 and is based in Ashtabula, Ohio.

Buy $250M