Altana: Acquisition of Rockwood's rheology business completed

摘要

The specialty chemicals group Altana has completed the acquisition of the rheology business of Rockwood Holdings, Inc. With the acquisition Altana's sales are expected to reach about ?1.9 billion per annum. "The acquisition not only opens up new growth opportunities, it also emphasizes our strategy focusing on profitable growth and is fully in line with all our acquisition criteria," stated Dr. Matthias L. Wolfgruber. In the context of the transaction Altana acquired the rheology business of Roockwood's Performance Additives segment for a purchase price of USD 635 million.