European Coatings Journal - 16.12.2024 | TOP INDUS TRY MOVE

PIGMENTS IN PROGRESS AMID MARKET PRESSURES

The acquisition is set to combine Sudarshan's operational expertise with Heubach's technological capabilities to create a global pigments company with a diverse product portfolio and presence in Europe, the Americas, and beyond. The combined entity will operate across 19 locations worldwide and be active in several markets, including construction, automotive, and packaging. Rajesh Rathi, Managing Director of SCIL, and a management team will lead the new organisation. "We are delighted with this transaction that brings together two businesses that will cater to major global markets", commented Rathi. "We will carefully integrate these two companies to create a truly global pigments ...
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