Industry News, Mergers and Acquisitions, Suppliers News

ALTANA Closes the Acquisition of Wax Additives Business of Clariant

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The German antitrust authority has approved the acquisition of Dick Peters B.V. by ALTANA AG. Effective Dec. 30, 2008, the business activities of the Dutch manufacturer of wax additives, which was a subsidiary of Clariant, will be transferred to the BYK Additives & Instruments division within the ALTANA Group. ALTANA will take over the production site of Dick Peters B.V. in Denekamp with its staff of about 35 employees. The purchase price amounts to €17.5 million.      Dick Peters produces...

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