ALTANA Expands Its Global Presence in the Effect Pigments Business
ALTANA has entered into an agreement to acquire the Silberline Group. The United States based company specializes in developing and manufacturing effect pigments utilized in various applications, ranging from automotive coatings and printing inks to plastics, protective coatings, and packaged consumer goods.
“The acquisition is further proof that we are sustainably implementing our strategy of generating value-creating growth through targeted acquisitions,” said Martin Babilas, CEO ALTANA AG. With the move, ALTANA is strategically expanding its ECKART division and strengthening its regional presence, particularly in North America and Asia.