Swiss chemicals company Clariant has hired former senior UBS investment banker Alexander Gehrt as its new head of mergers and acquisitions amid a flurry of deals in the sector, people familiar with the matter said.

Gehrt started on January 1 and will oversee the company's deal-making and treasury activities, the people said.

Clariant hires former UBS banker to manage M&A

Move comes amid a flurry of deals in the global chemicals sector

Eyk Henning, The Wall Street Journal

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