Cognis retains M&A specialists for review of Pulcra Chemicals7 September 2007
On July 1, 2007, Cognis' Process Chemicals strategic business unit became a legally separate company, trading under the name of Pulcra Chemicals. This step was taken as a result of Cognis' decision to concentrate on the three core business areas of Care Chemicals, Nutrition & Health and Functional Products. Pulcra Chemicals supply process chemicals to the textile and leather industries. Lincoln International is an investment bank that specialises in M&A transactions, and it has been tasked with finding a suitable investor or partner for Pulcra Chemicals who can help them to develop their business successfully. Pulcra Chemicals develop and market products tailored to individual specifications at a competitive cost, backed with a full advisory and after-sales service for customers. The company operate production sites and service centres in Germany, Türkiye, Italy, Spain, Mexico, Brazil, China, India, Indonesia and the USA. In 2006, the Process Chemicals strategic business unit recorded sales of textile and leather products worth €258 million, an increase of 4.1% on the previous year. This growth was primarily driven by strong demand in the Asia-Pacific region.