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Clariant initiates squeeze-out process for Süd-Chemie

Muttenz, 24 June 2011 - Clariant, a world leader in specialty chemicals, announced today

that it has initiated the squeeze-out procedure to acquire all of the remaining shares of

Süd-Chemie AG from minority shareholders according to the German Public Company

Act ("Aktiengesetz" § 327a).

After expiry of the mandatory public offer on June 14, Clariant now owns 11 679 449 shares

of Süd-Chemie AG, corresponding to 98.64% of the share capital.

 

 

 

END

 


 

Media contacts

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Dominik Schneider

 

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Clariant Media Center

 

+41 61 469 6363

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Investor Relations contacts

 

 

Siegfried Schwirzer

 

+41 61 469 6749

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Ulrich Steiner

 

+41 61 469 6745

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www.clariant.com

 

Clariant is an internationally active specialty chemical company based in Muttenz near Basel. The group owns over 100 companies worldwide and employed approx. 16,200 employees as of December 31, 2010. In the financial year 2010, Clariant produced a turnover in excess of CHF 7 billion. Clariant is divided into ten business units: Additives; Detergents & Intermediates; Emulsions; Industrial & Consumer Specialties; Leather Services; Masterbatches;
Oil & Mining Services; Paper Specialties; Pigments; Textile Chemicals.

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