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Chemical firm Stahl acquires Eagle Performance Products

26 Nov '16

2 min read

Stahl, Netherlands' leading company in process chemicals for leather products and performance coatings, has acquired the Eagle Performance Products business, specialising in flame retardant technologies. The acquisition adds product diversification to Stahl's extensive product portfolio of process chemicals for leather products and polymer dispersions.

This is important in Stahl's key market segments, such as automotive, aeronautics and home Interior. The addition of water-based flame retardants opens up endless opportunities for both technical textiles and leather products. Moreover, it also enables Stahl to explore new market segments including hotels and cinemas.

With this acquisition, Stahl can offer its clients all over the world top-notch performance coating solutions, which can meet rigorous flame retardant standards when needed. From now on, the application of the Eagle flame retardant technology will be extended to a global scale.

Huub van Beijeren, CEO of Stahl said, “We have been cooperating closely with Eagle Performance Products for many years. As the synergy advantages are numerous, we have decided the time was right to combine our forces. With the acquisition of Eagle Performance Products business, we will expand our product coverage, innovation power, and sustainability expertise in the field of flame retardant technology. This enables us to respond even better to our clients' needs.”

John Friddle, CEO of Eagle Performance said, “Today marks the beginning of a new era for Eagle Performance Products. Stahl offers us the opportunity to grow beyond North America. In my new global role as business manager - Eagle Flame Retardants of Stahl, I am excited at the opportunity to elevate Eagle to the next level together with Stahl. We have formed a powerful team combing Eagle's loyal employees and our new Stahl colleagues.” (GK)

Fibre2Fashion News Desk – India

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