Siegwerk Acquires ACTEGA Colorchemie from the ALTANA Group
Siegwerk Druckfarben AG & Co. KGaA has signed a contract to purchase the printing ink manufacturer ACTEGA Colorchemie GmbH and its subsidiaries. The latter company, which belongs to ALTANA’s ACTEGA Coatings & Sealants division, develops and manufactures water-based flexo printing inks, particularly for printing on corrugated board packaging.
By acquiring ACTEGA Colorchemie, Siegwerk is once again expanding its packaging printing offer. The aim is to bundle the strengths of the two companies and to bring together their technological competence and strong service orientation. By integrating the products of ACTEGA Colorchemie into its portfolio, the global printing ink manufacturer can target the needs of its customers even more effectively.
ACTEGA Colorchemie sells its products in numerous European countries. The company employs around 140 people at four sites in Germany, France, Austria, and Poland. It is headquartered in Büdingen in the German state of Hesse. The transaction is subject to approval by the competition authorities. Until the deal is consummated, Siegwerk and ACTEGA Colorchemie will remain independent from one another with no consequences for customers, employees, and suppliers. The parties have agreed not to reveal the purchase price.
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