Clariant recently announced it has completed its purchase of 96.15% of the shares in Süd-Chemie from One Equity Partners and the family shareholders. Clariant will make a public offer to acquire the outstanding shares from Süd-Chemie minority shareholders. The overall transaction value amounts to approximately €1.9 billion (~ $2.8 billion).

“This transaction is an important milestone in Clariant’s history,” said Hariolf Kottmann, CEO of Clariant. “Following the successful completion of our restructuring in 2010, the acquisition of Süd-Chemie accelerates our strategy of profitable growth. Together we will now start the integration process to successfully integrate Süd-Chemie into Clariant.”

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