ALTANA Acquires Effect Pigment Business of USBP
The acquired business mainly comprises the production of copper pigments, bronze pigments, stainless steel pigments, as well as press-ready metallic printing inks. USBP generates about 60% of its sales of these pigments in the NAFTA region, and about 15% in each of Asia and Europe. No manufacturing site and no employees are included under the agreement with USBP; the production for this business will be transferred to ECKART’s US Affiliate ECKART America in Painesville, Ohio, and to its main factory in the Bavarian town of Güntersthal in Germany.
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