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Yorkshire Group

Yorkshire Chemicals has gone into receivership through PricewaterhouseCoopers with the loss of 100 manufacturing jobs in Leeds, while the sales and distribution business has been sold to management.

Yorkshire Group is to sell part of its US-based textile dyes business to DyStar for £4.8m.

Yorkshire Group has acquired the global textile dyes and the European industrial dyes business of Crompton & Knowles of the US, in a deal worth about £50m.

Yorkshire Group is to acquire the dyes business of CK Witco for £54m, which will give it market leadership in the US and a manufacturing base in continental Europe.

Yorkshire Group has acquired Viochrom, the Greek dyes company, for £12.8m.

Yorkshire Group is selling its Australasian inks and pigments business to Huls America for £23m, and its UK pigments dispersions business to Holliday Chemical for £1.8m, and now plans to start looking for acquisitions.