Stahl acquires Pielcolor

16/07/2004

Netherlands based Stahl Holdings B.V. has acquired control over the Spanish leather product processing Group, Pielcolor.

 

Stahl has promised to keep the Pielcolor organisation independent from its own business. It is to have its own strategy, trade name and trademark and will keep its staff and management team. Stahl believes the structure will help both brands enhance benefits that arise from shared experience and technology.

 

Founded in 1977, Pielcolor S.A. has two production sites located in the vicinity of Barcelona (Spain), with joint ventures in Uruguay, Brazil, China and Mexico. In its early days the company focused exclusively on the leather sector. Since 1988 it has been in control of Picassian S.L., a producer of water based polymers for the leather and other coating sectors.