Archroma increases its stake in Dohmen

08/09/2017
Textile chemicals manufacturer Archroma has increased its stake in specialist manufacturer of textile dyes Dohmen.

Archroma acquired 49% of the shares of Dohmen in 2014 but has now increased its stake in the Swiss company to 75% and Alexander Wessels, chief executive of Archroma, has become chairman of the Dohmen board, taking over from founder Manfred Dohmen, who will continue to serve as a board member.

Dohmen serves textile markets worldwide from production facilities in Switzerland, Germany and Korea, and maintains sales offices in the US, Korea, Germany, Italy and China.