Stahl divests its wet-end chemicals business, becoming a pure-play specialty coatings company

Stahl, a global supplier of specialty coatings for flexible materials, has announced the sale of its wet-end chemicals business to Syntagma Capital. This step completes the company’s transformation into a pure-play specialty coatings provider. The transaction includes 428 employees, the complete wet-end portfolio, and manufacturing facilities in Italy and India.

Since its foundation in 1930 as a leather finishing company, Stahl has continuously expanded its portfolio, most recently in the area of packaging coatings in North America and Europe. The sale of its wet-end chemicals activities will enable Stahl to focus more on its core competencies in the area of speciality coatings for flexible materials. The company is pursuing a clear growth strategy in sustainable and innovative coating formulations.

Continued focus on growth and innovation

Maarten Heijbroek, CEO of Stahl, explains that this step strengthens the company’s position as a market leader in flexible coatings and is intended to further advance innovation and sustainability. Stahl also plans to accelerate its investments, including a new manufacturing facility in Singapore and the expansion of capacities in China. The sale of the business is expected to be completed in the first half of 2025.