[pageLogInLogOut]

#Textile chemistry

Pulcra Chemicals achieves first acquisition with Devan

Pulcra Chemicals, with headquarters in Geretsried (Germany) has just announced its first acquisition in its history by acquiring fellow-industry player Devan. Devan, with origins since 1977 and Belgian headquarters, is since 2013 owned by Pentahold (a Belgian private equity fund). Devan is known from its antimicrobial range BI-OME, its large sustainable track record with a.o. probiotics solutions, a wide range of recently introduced bio-based textile finishes and a long standing in Thermoregulation and Flame Retardants. Devan has offices in the UK, Portugal, the US and a team in Shanghai.

Pulcra Chemicals, the German specialty chemicals company, has just announced the acquisition of Devan, the Belgian headquartered specialty chemicals company established in 1977.

“We are thrilled to make this announcement with our mutual trust to grow our business as a Solution Specialist for our customers across broad range of textile markets. The acquisition of Devan will support our vision of being the leading international benchmark for sustainable chemistry.” said Mr. Ümit Yaldiz, Chief Executive Officer of Pulcra Chemicals Group. “Both organizations have deep histories of creativity, innovation excellence and a shared commitment to care for our communities. With our combined platform, Pulcra will become a stronger partner for our customers, uniquely positioning us to address our customers’ evolving needs. That is why we are also very happy that the owner of Devan has placed its trust in us and Pulcra was the chosen partner for this acquisition.“



“For us, Pulcra Chemicals is the natural next step in the development of Devan”, comments Sven Ghyselinck, CEO of Devan. “After a long and successful ownership by Pentahold, we are pleased to integrate into a larger Textile chemistry player like Pulcra Chemicals. This new home will allow the innovative Devan finishes to find a faster way into the global textile market and will help the textile industry to benefit from more sustainable products”.

The acquisition price will not be disclosed.



More News from Pulcra Chemicals GmbH

More News on Textile chemistry

Latest News

#Nonwoven machines

A Penteadora starts up ANDRITZ textile recycling and needlepunch nonwoven lines in Portugal

A Penteadora SA has successfully started up a complete mechanical textile recycling line and a needlepunch nonwoven line supplied by ANDRITZ at its production site in Unhais da Serra, Portugal. This investment enables A Penteadora to expand its industrial capabilities and develop a new generation of solutions based on pre- and post-consumer recycled textiles. The input materials originate from its own production waste and other textile waste streams. Both lines are fully operational, and the first products are expected to reach the market in July.

#Recycling / Circular Economy

ReHubs elects new Board of Directors to lead the next phase of ReHubs’ strategy to recycle 2.7 million tonnes of textile waste annually by 2035

ReHubs has elected its new Board of Directors, marking an important milestone as the industry alliance continues to accelerate the industrial scale-up of textile-to-textile recycling across Europe. The election took place during the ReHubs Annual Event in Brussels on June 23rd, held alongside the Textile Recycling Expo and Future Fabrics Expo. The newly elected Board combines expertise from across the textile value chain, reflecting ReHubs' collaborative approach to solving the industry’s textile waste crises.

#Dyeing, Drying, Finishing

Ferraro S.p.A. acquires the “Finishing” business unit of Cibitex S.r.l.

Ferraro S.p.A. and Cibitex S.r.l. are pleased to announce the completion of the agreement pursuant to which Ferraro S.p.A. has acquired the “Finishing” business unit of Cibitex S.r.l., specialized in the development and manufacturing of technological solutions for textile finishing.

#Recycling / Circular Economy

Reju opens its first R&D Center in the U.S. in Conshohocken, Pennsylvania

Reju, the company specializing in textile regeneration, today announced the opening of a Research and Development (R&D) Center in Conshohocken, Pennsylvania, the company's first proprietary research center in North America. Located within Technip Energies' existing Advanced Materials and Catalysts research center, the lab will allow Reju to accelerate the rollout of its recycling technologies and develop its next-generation circular solutions.

TOP