HZ info,Mutares has completed the acquisition of Venator Pigments France SAS, a leading global producer of ultramarine pigments. This move strengthens Mutares’ Chemicals & Materials segment and positions the company for further growth in the specialty chemicals market.

Mutares has successfully acquired Venator Pigments France SAS, including its subsidiaries Venator Chemicals France SAS and Venator International France SAS. The acquisition expands Mutares’ portfolio in the Chemicals & Materials segment, while bolstering its position in the specialty chemicals market. Venator Pigments France is recognised as one of the leading global manufacturers of ultramarine pigments, offering products in blue, violet, and pink shades for diverse applications such as plastics, cosmetics, paints and coatings, and construction materials. Based in Comines, France, the company has a nearly century-long history in pigment production and employs approximately 110 people. It generates an annual turnover of EUR 35 million and holds the second-largest global market position in technical ultramarine pigments. Mutares aims to leverage Venator Pigments France’s expertise and market presence to drive innovation and address the growing demand for high-quality pigments across multiple industries.

Strengthening the Chemicals & Materials segment

The acquisition marks a significant milestone for Mutares, aligning with its strategy to expand in the specialty chemicals sector through targeted acquisitions. Earlier in the year, Mutares had acquired SABIC’s ETP business, further consolidating its Chemicals & Materials segment. The company views the Venator acquisition as an opportunity to unlock synergies and create new growth avenues. Long-standing relationships with customers and distributors in Europe, Asia, and the Americas further enhance the growth potential of Venator Pigments France. “This transaction represents a key step in our expansion into the specialty chemicals industry,” Mutares stated, highlighting its commitment to strengthening its market leadership and supporting the development of innovative solutions.

Focus on market leadership and innovation

Venator Pigments France brings strong technical expertise and a global presence to Mutares’ network, providing a solid foundation for future growth. The Comines production site is set to play a pivotal role in expanding capacities and fostering customer proximity, while enabling the development of new pigment technologies. By integrating Venator Pigments France into its portfolio, Mutares aims to optimise resources and improve operational efficiency. The focus on ultramarine pigments highlights Mutares’ commitment to addressing industry needs with high-performance, sustainable solutions, ensuring its continued competitiveness in the specialty chemicals market.