Heubach Group and SK Capital Partners completed the acquisition of the pigments business of Clariant for $952m.

Heubach Group, a pigments production company, and SK Capital Partners, a private investment firm, completed the acquisition of the pigments business of Clariant, a specialty chemical company, for $952m. “We are pleased to announce the agreement with Heubach and SK Capital for the sale of our Pigments business. This achievement represents a final step in the divestment program and portfolio repositioning announced in July 2018. We are confident that with Heubach and SK Capital, we have found the right owners of this business, for our customers, our colleagues, and our other stakeholders. Now our focus can fully be on growing revenue and profitability of our core business areas: care chemicals, catalysis and natural resources,” Conrad Keijzer, Clariant CEO.