Archroma, a portfolio company of SK Capital Partners, has entered into a definitive agreement with Huntsman Corporation to acquire Huntsman's Textile Effects division. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the first half of 2023.Bär & Karrer acts as Swiss legal advisor to Archroma in this transaction.

The team is co-led by Christoph Neeracher and Luca Jagmetti and includes Raphael Annasohn and Lukas Bründler (all M&A), Susanne Schreiber (Tax), Markus Wang and Christine Schweikard (IP/IT/Regulatory), Laura Widmer (Employment), Corrado Rampini and Rocco Rigozzi (Real Estate) as well as Ruth Bloch-Riemer (Pension). Latham & Watkins LLP acts as international lead counsel to Archroma in this transaction.

For further information please contact:

Media Relations, Eric Stupp

Tel: +41 58 261 50 00

Email: [email protected]