Mutares has completed the acquisition of Venator Ultramarine Blue Pigments business from Venator France SAS

  • Leading European manufacturer of ultramarine blue and manganese violet pigments
  • Strategic acquisition to strengthen Mutares’ Chemicals & Materials segment and expand presence in the specialty chemicals industry
  • Revenues of approx. EUR 35 million, strong growth plan and robust market position

Munich, February 11, 2026 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Venator Chemicals France SAS, Venator International France SAS and Venator Pigments France SAS, (together “Venator Pigments France”) from Venator France SAS. The company strengthens the newly formed Chemicals & Materials segment as a new platform.

The company is a leading European producer of ultramarine blue, violet, and pink pigments, serving diverse applications in plastics, cosmetics, paints & coatings, building materials, and artistic colors. Located in Comines, France, near the Belgian border, the site boasts nearly a century of industrial heritage and technical expertise, with annual revenues of approximately EUR 35 million and a workforce of ca. 110 employees. The business benefits from a strong market position, ranking second globally in technical grade ultramarine pigments and maintains long-standing relationships with blue-chip customers and distributors across Europe, Asia, and the Americas.

For Mutares, the acquisition of Venator Pigments France represents a strategic milestone in the expansion into the Chemicals and Materials segment, initiated with the signing of the agreement to acquire SABIC’s ETP business at the beginning of this year. This transaction will unlock significant synergies and further growth opportunities.