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Acquires wire enamel business of Hubergroup India.
January 6, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
ELANTAS, a division of ALTANA, is acquiring the wire enamels activities of Hubergroup India and growing its business in India. The products taken over will be manufactured at the Ankleshwar production site of ELANTAS Beck India Ltd. In 2018, the wire enamels business of Hubergroup India achieved sales in a one-digit million euro range. “Hubergroup India’s wire enamels optimally supplement our technologically advanced product portfolio,” explains Dr. Guido Forstbach, president of ELANTAS. “With ...
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