DyStar acquires the
Indian test institute Texanlab and expands its service offer
DyStar,
a leading supplier of products and services to the textile
industry, has signed an agreement to acquire a majority stake
in Texanlab, the Thane, India, based textile testing
institute. The agreement, details of which will not be
disclosed, will allow DyStar to expand its global service
offer. Texanlab will continue to operate independently.
Texanlab was founded in 1973 and is one of the largest
independent textile testing institutes in Asia. Located in
four cities in India, Texanlab is an accredited test institute
for international brands and retailers. The laboratory has 95
employees and performs third-party quality-control testing on
garments, made-ups, textiles, and on dyes and auxiliaries used
in textile processing. Apart from testing, the company also
analyzes fabric defects. Texanlab is a leading institute in
the area of ecological testing.
Ullhas Nimkar, former proprietor of Texanlab, is upbeat
about the acquisition: “We look forward to working with DyStar.
It serves the textile industry worldwide and has extensive
expertise in textile manufacturing. Together we will be an
even stronger partner for our customers and can play an even
greater role in the fast-growing textile testing market in
Asia”.
DyStar sees Texanlab as a key step forward in providing
comprehensive solutions that add value throughout the textile
industry’s supply chain. Texanlab’s portfolio is an excellent
fit with its Testing Solutions and Ecological Solutions
service packages. Peter Zinser, Head of DyStar’s Asia-Pacific
Region, stresses the significance of this acquisition:
“Texanlab is a big addition to our range of products and
services for the textile industry. It supports our vision of
building a bridge between international textile retailers,
brands and mills in Asia. We facilitate color development and
color communication and help our customers with implementation
in the textile mills. Through Texanlab we can now test
textiles to ensure they meet the necessary quality and
ecological specifications.”
DyStar
is owned by Los Angeles-based investment firm, Platinum Equity
and is the global market leader in textile dyes and has
steadily expanded its offering for the textile industry. In
2002 it acquired Color Solutions, the leading supplier of
color standards for the textile industry, and now offers the
most extensive and best-established color communication system
on the market. Following the acquisition of Rotta in 2005 and
Boehme in 2006, DyStar now supplies a full range of textile
auxiliaries as well as textile dyes and services.
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