Announced

Completed

Zschimmer & Schwarz completed the acquisition of a 60% stake in Samia.

Synopsis

Zschimmer & Schwarz, which produces chemical products, completed the acquisition of a 60% stake in Samia, a global leading producer of pigment pastes, dyes, resins, auxiliaries. Financial terms were not disclosed. “The product portfolio of Samia S.p.A. is an excellent addition to our Leather Auxiliaries Division and we are pleased to further strengthen the position of Zschimmer & Schwarz in the global market for leather auxiliaries. Zschimmer & Schwarz now unites 30 companies in 16 countries worldwide, 22 of them with production facilities and three more with a joint venture, all of which jointly offer our customers “chemistry tailor-made," Martin Haberl, Zschimmer & Schwarz General Manager.

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