Clariant acknowledges the completion of the Stahl transaction between Wendel SE and Henkel

Clariant, a sustainability-focused speciality chemicals company, has acknowledged the successful completion of the transaction between Stahl Group’s majority shareholder, Wendel SE, and Henkel. Under the existing shareholder agreement, Clariant was contractually required to participate in the transaction following notification from Wendel SE.

Clariant held a 14.6% minority stake in Stahl Group. Following the transaction’s completion, Clariant expects to receive preliminary cash proceeds of approximately CHF 220 million before tax.

Source: Clariant