A Global Leader in Specialty Coatings
Stahl is widely recognized as a global leader in specialty coatings for flexible materials, serving industries tied to premium consumer goods. The company has capitalized on expanding demand across Asia and has built a product portfolio anchored in water-based technologies — a segment increasingly favored for sustainability and performance.
Earlier this year, Stahl completed a multiyear strategic shift, transforming itself into a focused, pure-play specialty coatings company. As part of that overhaul, it divested its wet-end leather chemicals business, now operating independently as Muno. Wendel retains majority ownership of Muno.
Two Decades of Transformation
Wendel Group CEO Laurent Mignon said the firm worked closely with Stahl’s leadership for more than 20 years to reshape the company into what he described as the “undisputed global leader” in its sector.
Stahl CEO Maarten Heijbroek echoed that sentiment, noting that under Wendel’s stewardship, the company executed a “significant transformation” that sharpened its focus and strengthened its global footprint. He added that Stahl is now positioned for further expansion.
