Dystar agrees Rotta Group acquisition
German producer of chemical auxiliaries for the global textile, leather and paper industries Dystar, announced on Friday (November 19) that it has signed a definitive agreement to acquire Rotta Group. The agreement is expected to be finalised within the next 45 days.
Rotta, based in
"Rotta is an established supplier with an excellent reputation and proven products, making this a valuable addition for DyStar," said Dr. Clemens Willee, CEO for DyStar. "We will now be able to offer customers a complete package comprising textile auxiliaries and colorants. That's a substantial development for our company, and we view it as a critical first step in expanding DyStar's product portfolio to better align with the dramatic changes occurring in the textile industry."