Cognis sells Pulcra Chemicals to strategic investor

Published: 14-Jul-2008

Speciality chemical company Cognis has agreed to sell its Pulcra Chemicals business to the German-based investor Fashion Chemicals GmbH & Co. KG for Euro26.3m. The investor is mainly backed by DSD Deri Sanayicileri Dis Ticaret, based in Istanbul, Turkey.


Speciality chemical company Cognis has agreed to sell its Pulcra Chemicals business to the German-based investor Fashion Chemicals GmbH & Co. KG for Euro26.3m. The investor is mainly backed by DSD Deri Sanayicileri Dis Ticaret, based in Istanbul, Turkey.

The subsidiary supplies process chemicals to the leather and textiles industries and its sale is inline with Cognis’ strategy of focusing on its core businesses driven by the wellness and sustainability trends.

“We are sure that Fashion Chemicals supported by DSD with its deep understanding of market requirements is an excellent fit and will help Pulcra Chemicals to develop its business successfully as well as safeguard its long-term competitiveness,” said Cognis ceo, Antonio Trius.

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