Kiri Acquires DyStar North America
01/11/2010
companies in the US and Canada on October 29. DyStar chief executive, Steve Barron, said: “This allows us to further develop the successful DyStar business in the US, Canada and Central America and grow our relationship with US retailers.”
The DyStar companies in North America were owned by Platinum Equity. Regional headquarters are in Charlotte, North Carolina, with a production site and warehouse in Reidsville, North Carolina, and a warehouse in Southgate, California. The companies employ 126 people and has revenues greater than $100 million. Its products include leather chemicals.
Manish Kiri, co-chairman of the DyStar Group, commented: “It is our intention to build a sustainable global DyStar organisation. For that, we need a powerful sales organisation in North and Central America and to maintain the retailer connection.”
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