Piper Sandler Advises Heubach and SK Capital on Acquisition of Clariant Pigments

<!DOCTYPE html> <html lang="en" xmlns:wb="//open.weibo.com/wb"> <head> <meta charset="utf-8"> <title>Piper Sandler Advises Heubach and SK Capital on Acquisition of Clariant Pigments - Business Wire China</title> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <meta name="description" content="MINNEAPOLIS--(BUSINESS WIRE)--Piper Sandler &amp; Co. chemicals &amp; materials investment banking group (The Valence Group) announced today th"> <meta name="keywrods" content=""> <meta name="author" content="Business Wire China"> <link href="/css/bootstrap.css" rel="stylesheet"> <link href="/css/main.css?ver=20220804" rel="stylesheet"> <link href="/css/bootstrap-responsive.css" rel="stylesheet"> <script type="text/javascript" src="/js/jquery.min.js"></script> <script type="text/javascript" src="/js/bootstrap.js"></script> <script type="text/javascript" src="/js/main.js"></script>  <script src="//tjs.sjs.sinajs.cn/open/api/js/wb.js" type="text/javascript" charset="utf-8"></script> </head> <body>  <div class="header"> <div class="wrap"> <div class="container"> <div class="full_980 relative">  <div class="top_panel visible-desktop"> <a href="/zh">简体中文</a> | <a href="/hk">繁體中文</a> | <a href="/en">English</a> <div class="globalsite"><select id="globalsite" class="languages"><option value="0">Business Wire Global sites</option> <option value="1">Business Wire Global</option><option value="3">UK/Ireland</option><option value="4">Deutschland</option><option value="5">France</option><option value="6">Italy</option><option value="7">Japan</option> </select> </div> </div> <div class="logo"><a href="/en"><img src="/images/bwlogo_webmain_china.png" alt="Business Wire China" width="360" height="80"/></a></div> <div class="clear"></div> <div class="navigation"> <ul class="sf-menu"> <li class="current"><a href="/en">Home</a> </li> <li><a href="/en/news/index.html">News</a> </li> <li><a href="/en/events/index.html">Events</a> </li> <li><a href="/en/medias/index.html">Media Services</a> </li> <li><a href="/en/about/index.html">About Us</a> <ul> <li><a href="/en/about/contact.html">Contact Us</a></li> </ul> </li> </ul> <div class="clear"></div>  <div class="search_form visible-desktop"> <form action="/en/news/search" method="get"> <input class="inp_search" name="s" type="text" value="Search..." title="Search..." /> <input type="submit" class="search_btn" value=" " /> </form> </div>  </div>  </div> </div> </div> </div>   <div class="page_wrapper"> <div class="wrap"> <div class="container"> <div id="content"> <script src="http://tjs.sjs.sinajs.cn/open/api/js/wb.js?appkey=3616646312" type="text/javascript" charset="utf-8"></script> <script type="text/javascript" src="/js/swfobject.js"></script> <div class="full_980 main_wrap"> <div class="row"> <div class="span9 main_block story"> <p><img src="/files/logos/P/PS_logo_blue_CMYK.jpg" alt="Piper Sandler"></p> <h2 class="storytitle">Piper Sandler Advises Heubach and SK Capital on Acquisition of Clariant Pigments</h2> <div class="storytimelang"> <span class="time">2021-06-15 18:31</span> <span class="lang"> <ul> <li><a href="/zh/news/47120.html"><img src="/images/zh_cn.png" alt="zh_cn"></a></li> <li><a href="/en/news/47120.html"><img src="/images/en.png" alt="en"></a></li> </ul> </span> <div class="clear"></div> </div> <ul class="industry-list"> <li><a href="/en/industry/manufacturing.html" class="btn">Manufacturing</a></li> <li><a href="/en/industry/finance.html" class="btn">Finance</a></li> <li><a href="/en/industry/chemical.html" class="btn">Chemical</a></li> </ul> <div class="storycontent"> <div itemprop="articleBody"> <p> MINNEAPOLIS--(<span itemid="https://www.businesswire.com" itemprop="provider publisher copyrightHolder" itemscope="itemscope" itemtype="https://schema.org/Organization"><span itemprop="name"><a href="https://www.businesswire.com/" itemprop="url" referrerpolicy="unsafe-url" rel="nofollow">BUSINESS WIRE</a></span></span>)--<a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.pipersandler.com%2F&esheet=52445022&newsitemid=20210614005760&lan=en-US&anchor=Piper+Sandler+%26amp%3B+Co.&index=1&md5=9be859b74227c4df59b76117fe40b22c" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">Piper Sandler & Co.</a> chemicals & materials investment banking group (The Valence Group) announced today that it has advised The Heubach Group, in partnership with SK Capital Partners, on their acquisition of Clariant’s Pigments Business. The combined business will operate under the Heubach name, creating a global pigments leader generating over €900 million in annual sales.</p> <p> The transaction values Clariant Pigments at approximately CHF 805 million, with additional consideration of CHF 50 million contingent on the 2021 financial performance of the business unit. As part of the transaction, Clariant will be reinvesting for an ownership stake in the combined business, demonstrating its continuing commitment to the success of Clariant Pigments and the substantial growth opportunity in the combination with Heubach.</p> <p> Closing for the transaction is subject to customary conditions and approvals and is expected to take place in the first half of 2022.</p> <p> Headquartered in Langelsheim, Germany and with sites across Germany, US, and India and sales offices around the world, Heubach is a leading global producer of high-quality organic, inorganic and anticorrosive pigments and pigment preparations. Heubach has more than 200 years of experience in pigments production as one of the first-ever manufacturers of pigments. Heubach produces c. 35,000 tonnes of pigment volumes per year and employs over 1,000 people.</p> <p> SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and pharmaceuticals sectors. The firm seeks to build strong and growing businesses that create substantial long-term value. SK Capital aims to utilize its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. SK Capital’s portfolio of businesses generates revenues of approximately $11 billion annually, employs more than 16,000 people globally and operates 150 plants in 28 countries. The firm currently has greater than $5 billion of assets under management.</p> <p> Clariant (SWX:CLN) is a focused and innovative specialty chemical company based in Muttenz, near Basel/Switzerland employing more than 13,000 globally. The company reports in three business areas: Care Chemicals, Catalysis and Natural Resources.</p> <p> <strong>ABOUT PIPER SANDLER </strong><br /> Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through Piper Sandler Hong Kong Ltd., authorized and regulated by the Securities and Futures Commission. 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Piper Sandler Advises Heubach and SK Capital on Acquisition of Clariant Pigments - Business Wire China