The story
DyStar was founded in 1995 as a joint venture from Bayer AG and Hoechst AG. In 2000 the textile dyes business from BASF was integrated. In 2004 Platinum Equity acquired DyStar. In February 2010 DyStar Group was acquired by Kiri Dyes and Chemicals (KDCL), along with its subsidiaries with the support of its joint venture partner Longsheng Group, China. Currently, Senda International Capital Limited, a wholly owned subsidiary of Longsheng, is a majority shareholder of DyStar Group.
With acquisitions such as Rotta, Boehme Group, Lenmar Chemicals, Color Solutions International and TexanLab, DyStar has been able to diversify and grow consistently.
DyStar completed the acquisition of specialty chemical businesses from Emerald Performance Materials in 2016 to expand into the food & beverages and personal care sectors.
In February 2019, DyStar opened a new testing facility in Dhaka, Bangladesh.
In April 2023, DyStar closed a 125 years old indigo dye plant in Ludwigshafen, Germany.
From Wikipedia’s article on DyStar, shared under CC BY-SA 4.0.4