The DyStar Companies in North America were owned by Platinum Equity, USA. Headquartered in Charlotte, North Carolina, DyStar North America with its sales organisation and Color Solutions International runs also a production site and warehouse in Reidsville, North Carolina, and a warehouse in Southgate, California. The company employs 126 people. With textile dyes from DyStar and textile auxiliaries as well as leather chemicals produced in Reidsville, DyStar North America has a revenue of greater than $100 million.
For the DyStar shareholder, the acquisition makes perfect sense. Manish Kiri, Co-Chairman of the DyStar Group: ‘It is our intention to build a sustainable global DyStar organisation. For that, we need a powerful sales organisation in North and Central America and maintain the retailer connection.’
