Zhejiang Longsheng assumes full control of DyStar

▤ Summary

Zhejiang Longsheng has taken full control of DyStar after resolving a long-running shareholder dispute with KIRI Industries. The transaction involved buying the remaining 37.5% stake for $688.88 million, with funding split between DyStar and Zhejiang Longsheng’s subsidiary. Deloitte and Touche Financial Advisory Services confirmed completion on 30 December 2025, and KIRI-nominated directors have stepped down from the board. DyStar now operates as a wholly owned subsidiary under unified governance, which should support a stronger global operating structure and continued investment in the business.

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