ALTANA expands its business in Brazil through acquisitions
ACTEGA acquires two companies in the overprint varnish and printing ink industry in São Paulo state
"Through these acquisitions we are systematically expanding our business in the growing Brazilian market," explains Martin Babilas, Member of the Management Board of ALTANA AG. "As both companies focus entirely on specialty chemicals and tailored customer solutions they are a perfect match for ALTANA."
The ACTEGA division's entire Brazilian operations will be concentrated in the new ACTEGA do Brasil company with immediate effect. In addition to the newly acquired facilities, ALTANA already has a production and research site in Brazil run by its ELANTAS division that develops and distributes insulating materials for the electrical and electronics industry.
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