Pulcra Chemicals buys Devan Chemicals

摘要

Belgian private equity fund Pentahold has sold Devan Chemicals to Pulcra Chemicals of Geretsried, Germany. Established in 1977, Devan Chemicals has its headquarters in Ronse, Belgium, and has offices in: Ambergate, UK; Moreira Da Maia, Portugal; Greenville, South Carolina, USA. It also has a team in Shanghai, China. The company is focusing increasingly on the development of sustainable alternatives to its conventional products for the finishing of textiles. Since 2019, Devan has launched a softener and a finish that improves the sweat-wicking performance of fabrics, both derived from vegetable oils, a bio-based flame-retardant, a natural antimicrobial and a range of plant-based fragrances.