The acquisition will establish a leading global pigment company, offering a diversified product portfolio and an enhanced global footprint in the paints and coatings industry.
Sudarshan Chemical Industries Limited (SCIL) has recently announced a definitive agreement to acquire the Germany-based Heubach Group, thus marking a significant step toward becoming a major global player in the pigments industry.
The merged entity will boast an extensive pigment portfolio, catering to markets across Europe and the Americas, as well as the APAC region. In fact, with nineteen manufacturing sites globally, the acquisition will broaden the reach of Sudarshan Chemical Industries, enhancing its ability to deliver high-quality products to a diverse customer base.
“We are delighted with this transaction that brings together two businesses that will cater to major global markets. We will carefully integrate these two companies to create a truly global pigments company, with Frankfurt remaining a strategically important location. SCIL is known for its agility and efficiency, and we will embed this culture throughout the combined company to make it one of the most customer-centric and profitable pigment companies,” has stated Rajesh Rathi, Managing Director of SCIL.
Heubach offers a robust product portfolio for the paints and coatings industry, supported by manufacturing sites in seventeen countries. This acquisition strengthens SCIL’s capability to manage geopolitical and supply chain challenges, while fostering lasting relationships with customers and suppliers.
“By joining hands with SCIL, we aim to reclaim our 200+ years of legacy of serving customers with high quality products. Together, we will shape the future of the pigments industry by building on the ethos of customer centricity and product excellence. Our combined capabilities will enable us to serve our customers better. We look forward to working with SCIL as we enter this next chapter,” has added Bram D’hondt, Heubach.