Industry News

ALTANA Acquires Metallic Pigments and Printing Inks Business of Wolstenholme Group Ltd.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA AG has signed a contract to acquire the worldwide effect pigments business of the British company Wolstenholme Group Ltd. In 2006, Wolstenholme achieved sales of approximately €29 million in this business area. The purchase price for the business is €24 million. Rutland Partners LLP, a financial investor, is the majority owner of the company, which was founded in 1938. The acquisition is subject to approval by the antitrust authorities. The acquired business comprises bronze and alum...

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