Mutares Aims to Acquire Venator Ultramarine Blue Business

Mutares SE & Co. KGaA has submitted an irrevocable offer to acquire Venator Ultramarine Blue Pigments business from Venator France SAS. This strategic acquisition aligns with Mutares' aim to bolster its Infrastructure & Special Industry segment and enhance its footprint in the specialty chemicals sector. The acquisition is slated to close in Q1 2026, contingent upon necessary approvals and consultations.

Venator Ultramarine, a key European player in the pigments market, reported revenues of approximately EUR 35 million. With strong positions in plastics, cosmetics, and more, the company boasts robust client relations across continents. The site in Comines, France, near Belgium, has a legacy of nearly a century, underscoring its technical prowess.

For Mutares, this acquisition marks a pivotal entry into the chemicals arena, promising synergies and growth. The Comines site, with its premium array of products and strategic growth initiatives, represents a valuable addition to Mutares' portfolio.