Heubach and SK Capital Acquire Clariant Pigments

Germany-based global producer of pigments Heubach Group and private investment firm SK Capital Partners have completed the acquisition of Clariant’s Global Colorants Business (“Clariant Pigments”). The combined business will operate under the Heubach brand, creating a global pigment technology and industry leader, that will now be headquartered in Vienna, Austria.

With nineteen manufacturing facilities across Europe, the Americas, Asia and Africa, Heubach Group is an internationally active manufacturer of corrosion protection pigments as well as organic and inorganic color pigments, hybrid pigments and pigment preparations for use in the plastics, paint, ink, and building industries, as well as for other high-quality special applications.

New York City-based SK Capital’s growing portfolio of companies focused on specialty materials, chemicals and pharmaceutical sectors includes a majority interest in Techmenr PM, specialty chemicals companies. Geon Performance Materials (formerly part of PolyOne, now Addivant), and SI Group, which includes Naugard antioxidants (formerly Chemtura), Ethanox antioxidants (formerly Addivant), and well-known Weston, Ultranox and Lowinox primary and secondary antioxidants for polyolefins and other engineering thermoplastics (formerly Chemtura, then Addivant).

Stefan Doboczky has been appointed as CEOP of the Heubach Group, effective January 10, 2022.  He joins the Heubach Group having most recently served as CEO of Lenzing AG, a global leader of cellulosic fibers and biochemicals. Doboczky noted, “I am very excited to join the new Heubach Group. I am convinced that by combining these successful businesses we will create a powerful offering for our customers in the pigment and colorant space.”

Said Aaron Davenport, a managing director of SK Capital, “The combination of Heubach and Clariant Pigments creates an industry leader committed to the highest standards in manufacturing, quality and service. We look forward to supporting management in the growth and improvement of the company by investing into talent, innovation and market expansion.”