# Heubach and SK Capital acquire Clariant's Pigments Business

Heubach Group, in partnership with SK Capital, signed a definitive agreement to acquire Clariant's Pigments Business for approximately CHF 805 million, plus up to CHF 50 million contingent on 2021 performance. Clariant will retain a minority stake in the combined business.

- Type: Acquisition
- Announced: 2021-06-14
- Where: Switzerland
- Value: $880.0M (805.0M CHF)
- Status: announced
- Products: organic pigments, inorganic pigments, anti-corrosive pigments, pigment preparations, dyes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Clariant](https://endata.com/companies/426.md) (partner)
- [Clariant](https://endata.com/companies/426.md) (target)
- [SK Capital Partners](https://endata.com/companies/7815.md) (acquirer)
- [SK Capital Partners](https://endata.com/companies/7815.md) (investor)
- [Heubach Group](https://endata.com/companies/8771.md) (acquirer)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20210613005051/en/Heubach-Partners-with-SK-Capital-to-Drive-Next-Phase-of-Growth-for-Clariants-Pigments-Business), 2021-06-14: "The combination of Heubach and Clariant Pigments is a major milestone in this vision."
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/clariant-sells-pigments-business-to-consortium-consisting-of-heubach-and-sk-capital/), 2021-06-14: "The transaction values Clariant Pigments at approximately EUR 740 million, with an additional consideration of EUR 46 million contingent on the business unit’s financial performance in 2021."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.