Industry News, Ink Manufacturers News, Mergers and Acquisitions

ALTANA Acquires Specialty Coatings Business from Henkel

Next step in North American growth strategy

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA has acquired the specialty coatings business of Henkel. The products, which are sold under the brand names MiraFoil and Miracure, are mainly supplied to the packaging industry in North America. The business generated sales of around $15 million in 2012. Within the ALTANA group, the business will be integrated into ACTEGA Kelstar Inc. in the U.S. and into ACTEGA Terra GmbH in Germany, both belonging to the ACTEGA Coatings & Sealants division. “By acquiring the specialty coatings ...

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