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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
Contributing Editor, Coatings World and Ink World
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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