ALTANA acquires additives business of DyStar group
“With the acquisition of the high-performance additives business of DyStar we continue our strategy to strengthen and further enhance the market position of our individual divisions through bolt-on acquisitions in a targeted manner,“ stated Dr. Matthias L. Wolfgruber, CEO of ALTANA AG. “With this step we underline that our growth ambitions remain unchanged, especially in economically difficult times, and create value.“
“Through the acquisition of the high-performance additives business we significantly expand the already given know-how of our company in the rapidly growing market of additives for the plastics industry,“ said Dr. Roland Peter, President Division BYK Additives & Instruments. At the same time, so Dr. Peter, the future production at the existing production facilities in Wesel would strengthen BYK’s parent plant.
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