# Clariant Sells Stahl Stake for $201.7M as Margins Drop

> Clariant raised $201.7M from Stahl stake sale amid first-half margin decline.
- Title: Clariant Sells Stahl Stake for $201.7M as Margins Drop
- Summary: Clariant raised $201.7M from Stahl stake sale amid first-half margin decline. Clariant sold a 14.60% minority stake in Stahl Group for $201.7M in Q3 2026…
- Keywords: clariant, stahl group, wendel, henkel, ebitda, margins, first half, 2026, startups, business, Sells, Stahl
- Source: Dealroom — https://dealroom.co/news/161821-clariant-banks-chf-220m-from-stahl-stake-as-first-half-margins-slip
- Published: 2026-10-13T00:08:35+00:00
- Read time: 1 min
- Topics: clariant, stahl group, wendel, henkel, ebitda, margins, first half, 2026, startups, business
## Clariant Sells Stahl Stake
Clariant received preliminary pre-tax proceeds of US$201.7M on October 1, 2026, after selling its 14.60 percent minority stake in Stahl Group.
## First-Half Margins Slip
Sales reached US$1.7B, flat in local currency excluding portfolio pruning and down 1.20 percent when those actions are included.
## Margin Decline to 17.80%
EBITDA before exceptional items fell 7.70 percent year over year to US$303.4M, leaving the margin at 17.80 percent versus 18.10 percent a year earlier.
## Key takeaway

Clariant sold a 14.60% minority stake in Stahl Group for $201.7M in Q3 2026, cutting first-half EBITDA margins to 17.80% from 18.10%.