ALTANA acquires coatings manufacturer

摘要

Specialty chemicals Group ALTANA has signed an agreement to acquire the business of Aquaprint GmbH. The company, which is based in Oyten, Lower Saxony, Germany, primarily produces coatings for in-mold labels and other labels as well as water-borne overprint varnishes for use on paper, cardboard, and foils. By way of an asset deal, Altana mainly acquires Aquaprint's customers and know-how, as well as its machinery, plants, and inventories. Within the Altana Group, Aquaprint will be incorporated into the Actega Coatings & Sealants division, where it will be fully integrated into Actega Terra GmbH, Lehrte.