Ciba agrees to buy photoinitiator business from Lamberti Group
New patented photoinitiators for coatings, inks, adhesives and electronics
Ciba Inc. has entered into an agreement with Lamberti Group to purchase the Italy-based specialty chemical maker’s photoinitiator business. With unique professional skills, technology know-how and patented products, the business will strengthen Ciba’s offer of UV curing solutions for coatings, inks, adhesives and electronics and expand its range of photoinitiators that are suitable for food packaging applications. Ciba and Lamberti intend to finalize the deal as soon as possible, pending regulatory approvals.
Thomas Engelhardt, Global Head of Ciba’s Coating Effects Segment, says: “We are excited about this opportunity to grow in one of the most important areas of our business. Lamberti offers complementary technologies, particularly in food packaging, and it shares Ciba’s commitment to cutting-edge innovation. By combining its photoinitiator products and know-how with our own, we can provide a broader, deeper and more versatile range of UV curing solutions to our customers.”
Ciba CEO Brendan Cummins comments: “As we reshape our portfolio, we are building on the Company’s core technological strengths. Lamberti’s photoinitiator business is attractive because of its excellent fit with our current offer and its valuable intellectual property and expertise. This move will strengthen UV curing as a growth driver in our Coating Effects business.”
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
