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German-based Pulcra Chemicals to acquire Devan

Jul 06, 2021
German-based Pulcra Chemicals to acquire Devan

Ronse, Belgium

Devan is owned by Pentahold since 2013. The company is known for its antimicrobial range BI-OME. It has its headquarters in Belgian but has offices in other places like the UK, Portugal, the US, and Shanghai.

According to Umit Yaldiz, Chief Executive Officer, Pulcra Chemicals Group, the company is excited to make this announcement as it will now be able to grow its business as a solution specialist in the textile markets. With the acquisition of Devan, the company can set an international benchmark for sustainable chemistry, he added. He also said that Pulcra will become stronger with this acquisition and will be in a better position to address the ever-changing needs of the customers. Both these companies have histories of innovation excellence, creativity, and shared commitment to care for society. He thanked the owner of Devan for trusting and choosing Pulcra.

As per Sven Ghyselinck, CEO, Devan, the company has taken a natural step by letting Pulcra Chemicals acquire it. The company is pleased to integrate into a larger Textile chemistry player. This acquisition will help innovative Devan finishes to find a better and faster way into the global textile market and will also support sustainable products.

Source – Press release of "Pulcra Chemicals"

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