The business generated sales of around USD $15m in 2012. Within the Altana group, the business will be integrated into Actega Kelstar Inc in the US and into Actega Terra GmbH in Germany, both belonging to the Actega Coatings & Sealants division.
“By acquiring the specialty coatings business of Henkel, we are continuing to execute our North American growth strategy consistently and focus on innovative specialty chemicals,” said Dr Matthias L Wolfgruber, CEO of Altana AG.
Source: Altana
© FoodBev Media Ltd 2024