ALTANA expands its business in Brazil through acquisitions
ACTEGA acquires two companies in the overprint varnish and printing ink industry in São Paulo state
ALTANA has acquired two companies in Brazil. As a result, the ACTEGA division now has its own sites in South America's largest country. Both of the acquired companies are owner-operated and headquartered in the federal state of São Paulo. Premiata, which operates two facilities under the name of Premiata Tintas and Premiata Especialidades Químicas, specializes, respectively, in printing inks and coatings for the packaging industry with140 employees. Overlake is an over-print varnishes specialist with 70 employees at one site.
"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.
Other news from the department business & finance
These products might interest you
OCA 200 by DataPhysics
Using contact angle meter to comprehensively characterise wetting behaviour, solids, and liquids
With its intuitive software and as a modular system, the OCA 200 answers to all customers’ needs
Dursan by SilcoTek
Innovative coating revolutionizes LC analysis
Stainless steel components with the performance of PEEK - inert, robust and cost-effective
Tailor-made products for specific applications by IPC Process Center
Granulates and pellets - we develop and manufacture the perfect solution for you
Agglomeration of powders, pelletising of powders and fluids, coating with melts and polymers
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.
