NEW YORK – SK Capital, a private investment firm focused on the specialty materials, chemicals and healthcare sectors, is expected to close the acquisition of the Textile Chemicals, Paper Specialties and Emulsions businesses from Clariant at the end of September. Upon the closing of the transaction, the three divisions will be combined into a new company, which will be called Archroma.
SK Capital has named the new senior leadership team that will lead Archroma. Members of the team bring significant experience in the chemicals and process industries and will work closely with the current heads of the three business units to ensure a smooth transition to an independent consolidated company.