Stahl closes deal for Clariant’s leather business - leatherbiz: Leadin Leatherbiz

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Stahl closes deal for Clariant’s leather business

30/04/2014
Investment firm Wendel, the majority owner of Stahl, has confirmed the acquisition of Clariant's Leather Services division has completed. 

In exchange for the sale of its assets to Stahl, Clariant received 23% of the Stahl’s shares and a cash payment of €74 million, a deal announced in October 2013.

Wendel remains the principal shareholder of Stahl, with around 70% of the group's capital.




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