Buyout firms touted as buyers for Clariant’s leather division

21/10/2013
Buyout firms including Black Diamond Capital and SK Capital Partners have submitted offers for Clariant’s leather chemicals division, according to Bloomberg citing four people familiar with the matter.

Negotiations are ongoing and an agreement may be reached this year, said the people.

Stahl has also expressed an interest in a merger, one of the people said.

Black Diamond bought Germany’s TFL last month and SK recently bought Clariant’s textile division.