Sudarshan to sell VP4 Frankfurt for EUR 76.5 million
SUDARSCHEM · price
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Sudarshan Germany Horizons, a step-down unit of Sudarshan Chemical, signed an agreement on 31 August 2026 to sell its 100 percent stake in VP4 Frankfurt GmbH to Celanese US Holdings LLC. The buyer will pay EUR 76.5 million upon completion. VP4 Frankfurt mainly operates a tolling business, with limited captive use by the group. It reported FY2026 revenue of EUR 15.72 million, or 1.64 percent of consolidated revenue, and net worth of EUR 5.67 million. Closing is conditional.
The disposal should sharpen Sudarshan's focus on its core pigment business and bring in EUR 76.5 million after closing, which remains conditional.