Kemin Industries has entered into an agreement to acquire the textile auxiliary business of Garmon Chemicals, an international provider of chemical auxiliaries for garment processing, and its sister company, The Italian Job. The companies will be gradually integrated over the next few months. All apparel and textile customers will continue to be served exclusively by the Garmon brand.

The acquisition will further increase the Garmon brand’s R&D scope, commercial penetration and service level throughout the textile auxiliary global markets. The acquisition is expected to result in greater efficiencies and significant increase of market share. The company’s global headquarters will remain in The Republic of San Marino.

“Kemin first became interested in entering the textile auxiliaries industry based on the adjacent technologies the industry has in common with existing Kemin research and products,” said Dr Chris Nelson, President and CEO of Kemin Industries. “Garmon’s global reach, commitment to customer-driven R&D and unique marketing strategy cemented the decision for the acquisition to allow Kemin to enter the market.”

With this acquisition, Kemin says it is able to play a significant role in additional textiles markets. Kemin will continue to provide quality products and services to over half of the world’s population every day, and will enter the textiles industry with the new Garmon acquisition.

“The fusion of Garmon’s undisputed know-how and market reputation along with the R&D power of Kemin and its global footprint is a new industry zeitgeist that provides customers throughout the apparel value chain with unprecedented innovation, solutions and business intimacy,” said Maurizio Cappellini, President of Garmon Chemicals.

“Garmon and Kemin joining forces is a notable sign of the global collaboration trend that creates a positive impact when two companies join together and create success with a concentration of resources.”

www.garmonchemicals.com

www.kemin.com