Kiri Dyes and Chemicals has acquired Germany based firm DyStar for Euro 50
million (approx Rs 310 crore). DyStar is the global market leader for dyes, dyes
and leather solutions, performance chemicals, new technologies and custom
manufacturing of special dyes and pigments.
The company has completed DyStar acquisition through SPV Kiri Holding
Singapore. Kiri has also acquired DyStar’s patents, IP rights, brand names,
trademarks and subsidiaries in 22 countries across the world.