Industry News

ALTANA Acquires Wolstenholme’s Effects Pigments, Inks Business

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA AG has signed a contract to acquire the worldwide effect pigments and inks business of 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 Wolstenholme, which was founded in 1938. The acquisition is subject to approval by the anti-trust authorities.      The acquired business comprises bronze and aluminum pigme...

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