Archroma acquires additional stake in M. DOHMEN SA
Archroma, a global leader in color and
specialty chemicals, announces the acquisition of an additional
26% of the shares of M. Dohmen, an international group
specializing in the production of textile dyes and chemicals for
the automotive, carpet and apparel
Archroma, who acquired 49% of the shares of M.
Dohmen SA back in 2014, now owns a controlling 75% participation
in the M. Dohmen group, and Archroma and M. Dohmen are now free
to operate as partners in serving the textile market.
As a consequence, Alexander Wessels, CEO of
Archroma, was appointed as Chairman of the Board of the M.
Dohmen group, taking over from founder Manfred Dohmen, who will
continue to serve as a Board member.
M. Dohmen serves textile markets worldwide from
production facilities in Switzerland, Germany and Korea, and
maintains sales organizations in the USA, Korea, Germany, Italy
and China. The stronger ties between Archroma and M. Dohmen will
allow both companies to make the most of a product portfolio of
which ideally complement each other, especially in the area of
dyes and chemicals for synthetic fibers and wool, including for
the automotive sector.
“We are extremely satisfied with the performance
evolution of M. Dohmen since 2014. The overall business and
profitability is developing well”, comments Alexander Wessels.
“With this additional stake, we are now in the position to
implement further into both organization and processes our
shared commitment to customer focus, innovation, world-class
quality standards, high service levels, cost-efficiency and
“We are excited to take an active part to
Archroma’s ambitions and vision of a more sustainable textile
industry”, adds Manfred Dohmen. “The stronger ties between
Archroma and M. Dohmen will ultimately benefit the customers,
partners and teams of both companies as we can exploit further
synergies between our production capabilities, product portfolio
and competitive positioning.”